000			01011pab a2200169 454500
008			180718b2001 xxu||||| |||| 00| 0 eng d
100			_aKulkarni, Kishore G.
245			_aEmpirical evidence of the J-curve hypothesis
260			_c2001
300			_ap.549-60
362			_aApril
520			_aDevaluation of a currency is expected to have a J-Curve effect meaning that balance of trade initially deteriorates and eventually improves. Numerous studies have tested this effect for several countries with some amount of success in its validity. This paper tries to use the data of seven countries to test the evidence of J-curve hypothesis. It is found that with the exception of China all six countries show J-curve phenomenon after their currency devaluation. In case of Japan, the currency has appreciated significantly hence the inverted J-curve is witnessed. - Reproduced
650			_aCurrency devaluation
700			_aBhatia, Alpna
773			_aIndian Journal of Economics
909			_a50070
999			_c50070 _d50070