| In the section | Messages |
| Title of the article | Estimating Trade Effects of the Competitive Devaluation Policy in East Asia’s Countries |
| Pages | 136-143 |
| Author 1 | Yana Valeryevna Dyomina Research Assistant Economic Research Institute FEB RAS 153 Tikhookeanskaya Street, Khabarovsk, Russia, 680042 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | The paper examines the competitive devaluation policy effects on the East Asia’s trade for the period of 2000–2011. The author obtained quantitative estimation of the currency policy trade effects with the help of panel data regression analysis (using export and import data of the following countries: China, Japan, Indonesia, Malaysia, Vietnam, Thailand, the Philippines and the Republic of Korea). The article includes investigation of the following foreign trade flows: total, intra-regional and out- of-regional exports and imports of merchandise. The study reflects the fact that the competitive devaluation policy of ASEAN+3 countries negatively affects the out-of-regional exports and imports, as well as the total imports. Simultaneously such exchange rate policy measures have no effect on intra-regional trade. |
| Code | 339.7(5-012) |
| DOI | 10.14530/se.2013.1.136-143 |
| Keywords | ♦ сompetitive devaluation policy ♦ trade effects ♦ export ♦ import ♦ exchange rate ♦ ASEAN+3 ♦ East Asia |
| Download | SE.2013.1.136-143.Dyomina.pdf |
| For citation | Dyomina Y.V. Estimating Trade Effects of the Competitive Devaluation Policy in East Asia’s Countries. Prostranstvennaya Ekonomika = Spatial Economics, 2013, no. 1, pp. 136-143. DOI: 10.14530/se.2013.1.136-143. (In Russian). |
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