The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf

The objective of this paper is to analyse the long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners, comprising the United States, Singapore, Japan, United Kingdom, and Republic of Korea over the monthly period 1990:1 to...

Full description

Bibliographic Details
Main Author:	Md Yusuf, Mazila
Format:	Article
Published:	Universiti Teknologi MARA, Jengka 2008
Subjects:	International finance Foreign exchange. Foreign exchange rates
Online Access:	http://ir.uitm.edu.my/id/eprint/10116/

id	uitm-10116
recordtype	eprints
spelling	uitm-101162017-11-16T03:53:45Z http://ir.uitm.edu.my/id/eprint/10116/ The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf Md Yusuf, Mazila International finance Foreign exchange. Foreign exchange rates The objective of this paper is to analyse the long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners, comprising the United States, Singapore, Japan, United Kingdom, and Republic of Korea over the monthly period 1990:1 to 2002:12. The long-run impact will be analysed using the cointegration analysis and a vector error correction model (VECM) framework which treats all variables in the model as potentially endogenous. In this study, the GARCH model is employed to measure the bilateral exchange rate volatility. Our findings revealed that there is a positive long-run impact of exchange rate volatility on the trade balance of Malaysia with the United States, a negative long-run impact on the trade balance of Malaysia with Singapore and no impact on the trade balance of Malaysia with the other three countries. Universiti Teknologi MARA, Jengka 2008 Article PeerReviewed Md Yusuf, Mazila (2008) The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf. Gading Business and Management Journal, 12 (1). pp. 87-103. ISSN 0128-5599
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
topic	International finance Foreign exchange. Foreign exchange rates
spellingShingle	International finance Foreign exchange. Foreign exchange rates Md Yusuf, Mazila The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf
description	The objective of this paper is to analyse the long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners, comprising the United States, Singapore, Japan, United Kingdom, and Republic of Korea over the monthly period 1990:1 to 2002:12. The long-run impact will be analysed using the cointegration analysis and a vector error correction model (VECM) framework which treats all variables in the model as potentially endogenous. In this study, the GARCH model is employed to measure the bilateral exchange rate volatility. Our findings revealed that there is a positive long-run impact of exchange rate volatility on the trade balance of Malaysia with the United States, a negative long-run impact on the trade balance of Malaysia with Singapore and no impact on the trade balance of Malaysia with the other three countries.
format	Article
author	Md Yusuf, Mazila
author_facet	Md Yusuf, Mazila
author_sort	Md Yusuf, Mazila
title	The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf
title_short	The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf
title_full	The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf
title_fullStr	The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf
title_full_unstemmed	The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf
title_sort	long-run impact of bilateral real exchange rate volatility on malaysia’s bilateral trade balance with its major trading partners / mazila md yusuf
publisher	Universiti Teknologi MARA, Jengka
publishDate	2008
url	http://ir.uitm.edu.my/id/eprint/10116/
first_indexed	2023-09-18T22:47:46Z
last_indexed	2023-09-18T22:47:46Z
_version_	1777417339856224256

The long-run impact of bilateral real exchange rate volatility on Malaysia’s bilateral trade balance with its major trading partners / Mazila Md Yusuf

Similar Items