Great Site offering hundreds of Economic Journals likely again many years

http://www.eap-journal.com.au/
Great Site offering hundreds of Economic Journals likely again many years
This study examines the short-run and long-run effects of real exchange rate changes on India’s trade balance vis-à-vis four of her major investing associates, viz., the US, the British isles, Japan and Germany within a cointegrating vector error correction product. Cointegration estimates suggest a long-run equilibrium relationship among trade balance, real exchange rate, domestic and overseas income in each country. This study also used generalized impulse response capabilities to trace the effect of a one–time shock to the real exchange rate on trade balance. Although considerable variants exists in the results, overall, the generalized impulse response capabilities suggest that J-curve effect is visible in India’s bilateral trade with both Japan and Germany, but the Marshall-Lerner condition appears to keep in the context of India-Germany trade. On the contrary, we did not get J-curve in India’s trade with the US, and the British isles, rather we got S-curve effect in India-British isles trade.