東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Two essays on international trade fl...

Hsing, Han-Min.

Linked to FindBook

Google Book

Amazon

博客來

Two essays on international trade flows and financial market integration: The Taiwan and South Korea cases.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Two essays on international trade flows and financial market integration: The Taiwan and South Korea cases./
Author:	Hsing, Han-Min.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 1993,
Description:	171 p.
Notes:	Source: Dissertation Abstracts International, Volume: 54-10, Section: A, page: 3831.
Contained By:	Dissertation Abstracts International54-10A.
Subject:	Commerce-Business. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9407251

Two essays on international trade flows and financial market integration: The Taiwan and South Korea cases.
Hsing, Han-Min.

Two essays on international trade flows and financial market integration: The Taiwan and South Korea cases. - Ann Arbor : ProQuest Dissertations & Theses, 1993 - 171 p.

Source: Dissertation Abstracts International, Volume: 54-10, Section: A, page: 3831.

Thesis (Ph.D.)--Oklahoma State University, 1993.

Scope and method of study. The first part of this study examines whether the J-Curve effect exists in trade between Taiwan and South Korea, on the one hand, and the United States, Japan, and the rest of the world, on the other, during the 1970-1991 period. Because trade flow data contain a unit root, we used first differenced data and two stage least squares (2SLS) estimation method. The second part examines Taiwan's and South Korea's financial market liberalization and the degree of integration between these two financial markets and those of the United States and Japan's financial markets during the 1980s and early 1990s. Instead of using the covered interest differential, we used the uncovered interest linkage method to examine the degree of financial markets integration.Subjects--Topical Terms:

3168423
Commerce-Business.

Two essays on international trade flows and financial market integration: The Taiwan and South Korea cases.
LDR:02723nmm a2200277 4500 001 2123350
005 20171002064932.5
008 180830s1993 ||||||||||||||||| ||eng d
035 $a (MiAaPQ)AAI9407251
035 $a AAI9407251
040 $a MiAaPQ $c MiAaPQ
100 1 $a Hsing, Han-Min. $3 3285282
245 1 0 $a Two essays on international trade flows and financial market integration: The Taiwan and South Korea cases.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 1993
300 $a 171 p.
500 $a Source: Dissertation Abstracts International, Volume: 54-10, Section: A, page: 3831.
500 $a Adviser: Andreas Savvides.
502 $a Thesis (Ph.D.)--Oklahoma State University, 1993.
520 $a Scope and method of study. The first part of this study examines whether the J-Curve effect exists in trade between Taiwan and South Korea, on the one hand, and the United States, Japan, and the rest of the world, on the other, during the 1970-1991 period. Because trade flow data contain a unit root, we used first differenced data and two stage least squares (2SLS) estimation method. The second part examines Taiwan's and South Korea's financial market liberalization and the degree of integration between these two financial markets and those of the United States and Japan's financial markets during the 1980s and early 1990s. Instead of using the covered interest differential, we used the uncovered interest linkage method to examine the degree of financial markets integration.
520 $a Findings and conclusions. The test results do not show the existence of a J-Curve effect in any of the cases. In fact, we do not find that real exchange rate changes have significant impact on the trade flow in any cases. A number of robustness checks have substantiated our findings. The conventional J-Curve phenomenon can only be observed when we apply an Almon Distributed Lag Model to the non-differenced data. However, since this method ignores the issue of a unit-root, the legitimacy of the finding is questionable. Since the early 1980s, both Taiwan and South Korea have gradually liberalized their financial markets. At present, both in terms of the interest rate and capital flows, Taiwan is more liberalized than South Korea. This study finds a significant linkage between Taiwan's interbank rate and the U.S. Federal Funds rate for the period 1981-1991. However, no significant linkage between Taiwan's and Japan's, South Korea's and the United States, and South Korea's and Japan's interest rates can be found.
590 $a School code: 0664.
650 4 $a Commerce-Business. $3 3168423
690 $a 0505
710 2 $a Oklahoma State University. $3 626630
773 0 $t Dissertation Abstracts International $g 54-10A.
790 $a 0664
791 $a Ph.D.
792 $a 1993
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9407251