evaluate the effectiveness of various regional trade agreements by examine the goods market integration between trading … of long-run PPP in almost all cases. Evidence of price convergence suggested that the panel countries of free trade areas …

This study investigates the impact of trade openness on Malaysian exchange rate. The findings show that most of the … trade openness and interest rate can lead to depreciation of Malaysian Ringgit. In addition, the results suggested that a … rise in money supply differential caused RM to appreciate. However, increase in trade balance caused the depreciation of RM. …

As the economies of Asian have moved towards closer economic ties and trade integration in recent years, the …

The purpose of this paper is to estimate the exchange rate misalignments for Indonesia, Malaysia, Philippines …

residuals between the actual and the fitted values of exchange rate are the estimated misalignments. From cointegration, our …