EXCHANGE RATE MONETARY POLICY AND BALANCE OF TRADE AN EMPIRICAL INVESTIGATION OF PAKISTAN

http://dx.doi.org/10.31703/gssr.2022(VII-II).35      10.31703/gssr.2022(VII-II).35      Published : Jun 2
Authored by : Allah Bux Lakhan , Zulfiqar Ali Keeryo , Jazib Mumtaz

35 Pages : 348-354

References

  • Adhikari, D. R. (2016). Effect of recent U.S. monetary policy on its balance of trade. The Journal of Developing Areas, 50(3), 381–388. https://doi.org/10.1353/jda.2016.0101
  • Achakzai, J. K. (2006). Intra-ECO Trade: A Potential Region for Pakistan’s Future Trade. The Pakistan Development Review, 45(3), 425–437. https://doi.org/10.30541/v45i3pp.425-437
  • Ahmed, S. & Ghani, E. (2007). South Asia's Growth and Regional Integration: An overview. In South Asia; Growth and Regional Integration, Washington, DC, World Bank.
  • Anderson, J. E. (1979). A Theoretical Foundation for the gravity Equation. American Economic Review, 69(1), 106-116.
  • Bahmani-Oskooee, M., & Ratha, A. (2004). The J- curve dynamics of U.S. bilateral trade. Journal of Economics and Finance, 28(1), 32–38. https://doi.org/10.1007/bf02761452
  • Jalil, A., & Feridun, M. (2010). Explaining exchange rate movements: an application of the market microstructure approach on the Pakistani foreign exchange market. The Journal of Developing Areas, 44(1), 255–265. https://doi.org/10.1353/jda.0.0083
  • Keho, Y. (2021). Determinants of Trade Balance in West African Economic and Monetary Union (WAEMU): Evidence from heterogeneous panel analysis. Cogent Economics & Finance, 9(1), https://doi.org/10.1080/23322039.2021.1970 870
  • Khan, A. J., Azim, P., & Syed, H. S. (2014). The Impact of Exchange Rate Volatility on Trade: A Panel Study on Pakistan’s Trading Partners. The Lahore Journal of Economics, 19(1), 31– 66. https://doi.org/10.35536/lje.2014.v19.i1.a2
  • Mohammad, S, D. (2010). Determinant of Balance of Trade: Case Study of Pakistan. European Journal of Scientific Research, 41, 13-20.
  • Nur, S, M. (2016). Determinants of Trade Balance in Somalia: Regression Analysis Using Time Series Data. Journal of Economics and Sustainable Development, 7, 62-71.
  • Parveen, S., Khan, A, Q., & Ismail, M. (2012).Analysis of the factors affecting exchange rate variability in Pakistan. Academic Research International, 2(3), 670- 680.
  • Peneder, M. R. (2016). Competitiveness and Industrial Policy: From Rationalities of Failure Towards the Ability to Evolve. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2714941
  • Rehman, F. U., & Noman, A. A. (2020). Trade related sectorial infrastructure and exports of belt and road countries: does belt and road initiatives make this relation structurally instable? China Economic Journal, 14(3), 350–374. https://doi.org/10.1080/17538963.2020.1840014
  • Rahmon, A, B., & Adefunke, O. O. (2019). Empirical Analysis of Monetary and Fiscal Policies and Balance of Trade Dynamics in Nigeria (1981-2017). Journal of Poverty, Investment and Development, 50, 78-91.
  • Ray, S. (2012). An Analysis of Determinants of Balance of Trade in India. Research Journal of Finance and Accounting, 3, 73-83.
  • Vergil, H. (2009). Exchange rate volatility in Turkey and its effect on trade flows. Journal of Economic and Social Research, 4(1), 83-99.
  • Shawa., & Shen. (2013). Analysis of the determinants of trade balance: Case study of Tanzania. International Journal of Business and Economics Research, 2(6), 134-141.
  • Upadhyaya, K, P. (1991). The efficiency of monetary and fiscal policies in developing countries, an application of the St. Louis equation. Indian Economic Journal, 37(2), 101-108.
  • Adhikari, D. R. (2016). Effect of recent U.S. monetary policy on its balance of trade. The Journal of Developing Areas, 50(3), 381–388. https://doi.org/10.1353/jda.2016.0101
  • Achakzai, J. K. (2006). Intra-ECO Trade: A Potential Region for Pakistan’s Future Trade. The Pakistan Development Review, 45(3), 425–437. https://doi.org/10.30541/v45i3pp.425-437
  • Ahmed, S. & Ghani, E. (2007). South Asia's Growth and Regional Integration: An overview. In South Asia; Growth and Regional Integration, Washington, DC, World Bank.
  • Anderson, J. E. (1979). A Theoretical Foundation for the gravity Equation. American Economic Review, 69(1), 106-116.
  • Bahmani-Oskooee, M., & Ratha, A. (2004). The J- curve dynamics of U.S. bilateral trade. Journal of Economics and Finance, 28(1), 32–38. https://doi.org/10.1007/bf02761452
  • Jalil, A., & Feridun, M. (2010). Explaining exchange rate movements: an application of the market microstructure approach on the Pakistani foreign exchange market. The Journal of Developing Areas, 44(1), 255–265. https://doi.org/10.1353/jda.0.0083
  • Keho, Y. (2021). Determinants of Trade Balance in West African Economic and Monetary Union (WAEMU): Evidence from heterogeneous panel analysis. Cogent Economics & Finance, 9(1), https://doi.org/10.1080/23322039.2021.1970 870
  • Khan, A. J., Azim, P., & Syed, H. S. (2014). The Impact of Exchange Rate Volatility on Trade: A Panel Study on Pakistan’s Trading Partners. The Lahore Journal of Economics, 19(1), 31– 66. https://doi.org/10.35536/lje.2014.v19.i1.a2
  • Mohammad, S, D. (2010). Determinant of Balance of Trade: Case Study of Pakistan. European Journal of Scientific Research, 41, 13-20.
  • Nur, S, M. (2016). Determinants of Trade Balance in Somalia: Regression Analysis Using Time Series Data. Journal of Economics and Sustainable Development, 7, 62-71.
  • Parveen, S., Khan, A, Q., & Ismail, M. (2012).Analysis of the factors affecting exchange rate variability in Pakistan. Academic Research International, 2(3), 670- 680.
  • Peneder, M. R. (2016). Competitiveness and Industrial Policy: From Rationalities of Failure Towards the Ability to Evolve. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2714941
  • Rehman, F. U., & Noman, A. A. (2020). Trade related sectorial infrastructure and exports of belt and road countries: does belt and road initiatives make this relation structurally instable? China Economic Journal, 14(3), 350–374. https://doi.org/10.1080/17538963.2020.1840014
  • Rahmon, A, B., & Adefunke, O. O. (2019). Empirical Analysis of Monetary and Fiscal Policies and Balance of Trade Dynamics in Nigeria (1981-2017). Journal of Poverty, Investment and Development, 50, 78-91.
  • Ray, S. (2012). An Analysis of Determinants of Balance of Trade in India. Research Journal of Finance and Accounting, 3, 73-83.
  • Vergil, H. (2009). Exchange rate volatility in Turkey and its effect on trade flows. Journal of Economic and Social Research, 4(1), 83-99.
  • Shawa., & Shen. (2013). Analysis of the determinants of trade balance: Case study of Tanzania. International Journal of Business and Economics Research, 2(6), 134-141.
  • Upadhyaya, K, P. (1991). The efficiency of monetary and fiscal policies in developing countries, an application of the St. Louis equation. Indian Economic Journal, 37(2), 101-108.

Cite this article

    APA : Lakhan, A. B., Keeryo, Z. A., & Mumtaz, J. (2022). Exchange Rate, Monetary Policy and Balance of Trade: An Empirical Investigation of Pakistan. Global Social Sciences Review, VII(II), 348-354. https://doi.org/10.31703/gssr.2022(VII-II).35
    CHICAGO : Lakhan, Allah Bux, Zulfiqar Ali Keeryo, and Jazib Mumtaz. 2022. "Exchange Rate, Monetary Policy and Balance of Trade: An Empirical Investigation of Pakistan." Global Social Sciences Review, VII (II): 348-354 doi: 10.31703/gssr.2022(VII-II).35
    HARVARD : LAKHAN, A. B., KEERYO, Z. A. & MUMTAZ, J. 2022. Exchange Rate, Monetary Policy and Balance of Trade: An Empirical Investigation of Pakistan. Global Social Sciences Review, VII, 348-354.
    MHRA : Lakhan, Allah Bux, Zulfiqar Ali Keeryo, and Jazib Mumtaz. 2022. "Exchange Rate, Monetary Policy and Balance of Trade: An Empirical Investigation of Pakistan." Global Social Sciences Review, VII: 348-354
    MLA : Lakhan, Allah Bux, Zulfiqar Ali Keeryo, and Jazib Mumtaz. "Exchange Rate, Monetary Policy and Balance of Trade: An Empirical Investigation of Pakistan." Global Social Sciences Review, VII.II (2022): 348-354 Print.
    OXFORD : Lakhan, Allah Bux, Keeryo, Zulfiqar Ali, and Mumtaz, Jazib (2022), "Exchange Rate, Monetary Policy and Balance of Trade: An Empirical Investigation of Pakistan", Global Social Sciences Review, VII (II), 348-354
    TURABIAN : Lakhan, Allah Bux, Zulfiqar Ali Keeryo, and Jazib Mumtaz. "Exchange Rate, Monetary Policy and Balance of Trade: An Empirical Investigation of Pakistan." Global Social Sciences Review VII, no. II (2022): 348-354. https://doi.org/10.31703/gssr.2022(VII-II).35