Oil Prices, World Trade Policy Uncertainty, and the Trade Balance: The Case of Korea
This article studies the asymmetric effects that the price of crude oil has on Korean exports to and imports from its largest partners—China, the U.S., and Japan—controlling for world trade policy uncertainty. The results support the evidence of the long-run asymmetry of oil prices for Korea’s expor...
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-06-01
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| Series: | Commodities |
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| Online Access: | https://www.mdpi.com/2813-2432/2/3/12 |