The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach
This paper investigates the influence of the economic factors on the bilateral balance of trade (TB) of the EU28 zone bio-energy sector outcomes. Concentration is provided to estimate the J-curve hypothesis: whether the bio-energy output trade balance in the European Union region profits from a mini...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Malaysia Terengganu
2019
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| Online Access: | http://psasir.upm.edu.my/id/eprint/22966/ http://psasir.upm.edu.my/id/eprint/22966/1/The%20J-curve%20effects%20and%20the%20EU28%20bioenergy%20trade%20balance%20a%20co-integration%20approach.pdf |
| _version_ | 1848844627668369408 |
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| author | Alsaleh, Mohammed Abdul Samad @ Iammi, Abdul Rahim |
| author_facet | Alsaleh, Mohammed Abdul Samad @ Iammi, Abdul Rahim |
| author_sort | Alsaleh, Mohammed |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper investigates the influence of the economic factors on the bilateral balance of trade (TB) of the EU28 zone bio-energy sector outcomes. Concentration is provided to estimate the J-curve hypothesis: whether the bio-energy output trade balance in the European Union region profits from a minimising of the value of the Euro European (EUR). The study applies the panel-data co-integration test method to regress yearly bilateral TB data of the EU28 regions bio-energy sector productions between 1990 and 2013. To test whether the J-curve effect exists, this research analysed the long-run impact of the real exchange rate (ER) on the level of bioenergy output balance of trade using various estimations; Fully Modified Oriented Least Square (FMOLS), Dummy Oriented Least Square (DOLS), and Pooled Mean Group (PMG) models. The results help the experiential effectiveness of the J-curve by applying FMOLS approach, showing that devaluation has developed the TB of bioenergy outputs. FMOLS analysis does figure demonstration related to the long-term evolution of the bioenergy outputs TB proposed by the J-curve effects. Thus, the results show that the EU28 trade balance of bioenergy has showed the validity of the J-curve manner of modification. |
| first_indexed | 2025-11-15T08:33:56Z |
| format | Article |
| id | upm-22966 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T08:33:56Z |
| publishDate | 2019 |
| publisher | Penerbit Universiti Malaysia Terengganu |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-229662020-04-15T16:16:27Z http://psasir.upm.edu.my/id/eprint/22966/ The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach Alsaleh, Mohammed Abdul Samad @ Iammi, Abdul Rahim This paper investigates the influence of the economic factors on the bilateral balance of trade (TB) of the EU28 zone bio-energy sector outcomes. Concentration is provided to estimate the J-curve hypothesis: whether the bio-energy output trade balance in the European Union region profits from a minimising of the value of the Euro European (EUR). The study applies the panel-data co-integration test method to regress yearly bilateral TB data of the EU28 regions bio-energy sector productions between 1990 and 2013. To test whether the J-curve effect exists, this research analysed the long-run impact of the real exchange rate (ER) on the level of bioenergy output balance of trade using various estimations; Fully Modified Oriented Least Square (FMOLS), Dummy Oriented Least Square (DOLS), and Pooled Mean Group (PMG) models. The results help the experiential effectiveness of the J-curve by applying FMOLS approach, showing that devaluation has developed the TB of bioenergy outputs. FMOLS analysis does figure demonstration related to the long-term evolution of the bioenergy outputs TB proposed by the J-curve effects. Thus, the results show that the EU28 trade balance of bioenergy has showed the validity of the J-curve manner of modification. Penerbit Universiti Malaysia Terengganu 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/22966/1/The%20J-curve%20effects%20and%20the%20EU28%20bioenergy%20trade%20balance%20a%20co-integration%20approach.pdf Alsaleh, Mohammed and Abdul Samad @ Iammi, Abdul Rahim (2019) The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach. Journal of Sustainability Science and Management, 14 (6). pp. 73-87. ISSN 1823-8556; ESSN: 2672-7226 http://jssm.umt.edu.my/wp-content/uploads/sites/51/2020/02/Table-of-Contents-V14N6.pdf |
| spellingShingle | Alsaleh, Mohammed Abdul Samad @ Iammi, Abdul Rahim The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach |
| title | The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach |
| title_full | The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach |
| title_fullStr | The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach |
| title_full_unstemmed | The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach |
| title_short | The J-curve effects and the EU28 bioenergy trade balance: a co-integration approach |
| title_sort | j-curve effects and the eu28 bioenergy trade balance: a co-integration approach |
| url | http://psasir.upm.edu.my/id/eprint/22966/ http://psasir.upm.edu.my/id/eprint/22966/ http://psasir.upm.edu.my/id/eprint/22966/1/The%20J-curve%20effects%20and%20the%20EU28%20bioenergy%20trade%20balance%20a%20co-integration%20approach.pdf |