Exchange Rate and Trade: J-curve in European Union
The EU economy is experiencing a severe recession amid the global crisis, and although in other regions began to appear mild signs of recovery, in EU countries are recorded a continuously worsening. In many European states, the economic contraction is a consequence of the decrease in net exports...
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Danubius University
2014-06-01
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| Series: | Acta Universitatis Danubius: Oeconomica |
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| Online Access: | http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2326/2134 |
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doaj-30497c387deb4b6fad8c4ce256d60f112020-11-25T00:00:31ZengDanubius UniversityActa Universitatis Danubius: Oeconomica2065-01752067-340X2014-06-01103136145Exchange Rate and Trade: J-curve in European UnionDan Lupu0Mircea Asandului1Alexandru Ioan Cuza University of IasiAlexandru Ioan Cuza University of IasiThe EU economy is experiencing a severe recession amid the global crisis, and although in other regions began to appear mild signs of recovery, in EU countries are recorded a continuously worsening. In many European states, the economic contraction is a consequence of the decrease in net exports component of GDP. The aim of the article is to analyze the situation in which the EU chooses to devalue its currency to increase exports. We found that, the depreciation of the Euro, has no influence on exports and that in EU, it is not expressed a J-curve effects.http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2326/2134euro-dollar parity; devaluation; international trade |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Dan Lupu Mircea Asandului |
| spellingShingle |
Dan Lupu Mircea Asandului Exchange Rate and Trade: J-curve in European Union Acta Universitatis Danubius: Oeconomica euro-dollar parity; devaluation; international trade |
| author_facet |
Dan Lupu Mircea Asandului |
| author_sort |
Dan Lupu |
| title |
Exchange Rate and Trade: J-curve in European Union |
| title_short |
Exchange Rate and Trade: J-curve in European Union |
| title_full |
Exchange Rate and Trade: J-curve in European Union |
| title_fullStr |
Exchange Rate and Trade: J-curve in European Union |
| title_full_unstemmed |
Exchange Rate and Trade: J-curve in European Union |
| title_sort |
exchange rate and trade: j-curve in european union |
| publisher |
Danubius University |
| series |
Acta Universitatis Danubius: Oeconomica |
| issn |
2065-0175 2067-340X |
| publishDate |
2014-06-01 |
| description |
The EU economy is experiencing a severe recession amid the global crisis, and although in
other regions began to appear mild signs of recovery, in EU countries are recorded a continuously
worsening. In many European states, the economic contraction is a consequence of the decrease in net
exports component of GDP. The aim of the article is to analyze the situation in which the EU chooses
to devalue its currency to increase exports. We found that, the depreciation of the Euro, has no
influence on exports and that in EU, it is not expressed a J-curve effects. |
| topic |
euro-dollar parity; devaluation; international trade |
| url |
http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2326/2134 |
| work_keys_str_mv |
AT danlupu exchangerateandtradejcurveineuropeanunion AT mirceaasandului exchangerateandtradejcurveineuropeanunion |
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1725444679367917568 |