Relationship between real effective exchange rate and trade balance, considering savings rate: Smooth Transition Regression (STR) Approach

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

Barghi Oskooei Mohammad Mahdi; KAZEROONI ALIREZA; SALMANI BEHZAD; KHODAVERDIZADEH SABER

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Download Full-Text

Persian Verion

View:

483

Download:

Cites:

Information Journal Paper

Title

Relationship between real effective exchange rate and trade balance, considering savings rate: Smooth Transition Regression (STR) Approach

Author(s)

Barghi Oskooei Mohammad Mahdi | KAZEROONI ALIREZA | SALMANI BEHZAD | KHODAVERDIZADEH SABER | Issue Writer Certificate

Keywords

The trade balanceQ2

saving rateQ2

real effective exchange rateQ2

smooth transition regressionQ2

Abstract

Among the important policy objectives and economic programs, the implementation of policies for reducing the trade deficit. Empirical studies provided conflicting results regarding the effect of devaluations on The trade balance reached. This study aimed to investigate the nonlinear relationship between the real effective exchange rate and trade balance, considering the savings rate using a smooth transition regression approach during period 1960-2014. The results of smooth transition regression (STR) model estimation, confirmed that the savings rate had non-linear effect on The trade balance. Our estimation results showed that effectiveness of savings rate, the real effective exchange rate and terms of trade on trade balance depended to the regimes which Iranian economy was in there. Also we fund that generally in first regime savings rate and the effective real exchange rate had statically meaningful and positive effect on The trade balance and the terms of trade had a statically meaningful and negative effect on The trade balance. While crossing the threshold and entering into the second regime savings rate and terms of trade coefficients had statically meaningful and positive effect, but the real effective exchange rate had a statically meaningful and negative impact on The trade balance.

Cites

No record.

References

No record.

Cite

APA: Copy

Barghi Oskooei, Mohammad Mahdi, KAZEROONI, ALIREZA, SALMANI, BEHZAD, & KHODAVERDIZADEH, SABER. (2019). Relationship between real effective exchange rate and trade balance, considering savings rate: Smooth Transition Regression (STR) Approach. FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES), 11(40 ), 97-111. SID. https://sid.ir/paper/200345/en

Vancouver: Copy

Barghi Oskooei Mohammad Mahdi, KAZEROONI ALIREZA, SALMANI BEHZAD, KHODAVERDIZADEH SABER. Relationship between real effective exchange rate and trade balance, considering savings rate: Smooth Transition Regression (STR) Approach. FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES)[Internet]. 2019;11(40 ):97-111. Available from: https://sid.ir/paper/200345/en

IEEE: Copy

Mohammad Mahdi Barghi Oskooei, ALIREZA KAZEROONI, BEHZAD SALMANI, and SABER KHODAVERDIZADEH, “Relationship between real effective exchange rate and trade balance, considering savings rate: Smooth Transition Regression (STR) Approach,” FINANCIAL KNOWLEDGE OF SECURITY ANALYSIS (FINANCIAL STUDIES), vol. 11, no. 40 , pp. 97–111, 2019, [Online]. Available: https://sid.ir/paper/200345/en

Related Journal Papers