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AN ESTIMATION OF CHINESE RENMINBI EXCHANGE RATE IMPACT ON THE REAL EXPORTS OF INDONESIA TO THE US: IS THERE A J-CURVE?

This paper seeks whether a J-Curve exists on the Tables impact of changes in the Chinese Renminbi (RMB) exchange rates on bilateral exports of Indonesia to the United States (US), particularly in the long run.The Johansen cointegration procedures and Vector Error Correction Model (VECM) regression are applied.The cointegration test shows that there

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