The J‐ and S‐curves: a survey of the recent literature
Abstract
Purpose
Since the introduction of the concepts of the J‐ and S‐curves, many researchers have tried to verify their validity empirically. This paper aims to review the related papers and to offer direction for future research.
Design/methodology/approach
This is a review paper. As such, no method is employed here. Rather, the methodologies used by others to test the J‐ and S‐curves are explained and reviewed.
Findings
No new findings are offered since this is a review paper.
Practical implications
The J‐ and S‐curves show whether currency depreciation worsens the trade balance first before improving it. Since the majority of studies are country‐specific, policymakers could benefit by learning whether currency depreciation will be effective in improving the trade balance.
Originality/value
This is a literature review paper and its originality is in terms of collecting the literature together and presenting it in one single paper.
Keywords
Citation
Bahmani‐Oskooee, M. and Hegerty, S.W. (2010), "The J‐ and S‐curves: a survey of the recent literature", Journal of Economic Studies, Vol. 37 No. 6, pp. 580-596. https://doi.org/10.1108/01443581011086639
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited