{"title":"A Vector Error Correction Model of Australian Coking Coal Exports","authors":"M. Ali","doi":"10.14453/aabfj.v17i3.07","DOIUrl":null,"url":null,"abstract":"This article examines the long-run equilibrium relationships between the Australian coking coal export and selected variables. Upon testing with appropriate co-integration and vector error-correction models, we detected that the exchange rate of A$/US$, Australian coking coal price and world supply of coking coal have a negative impact on Australian coking coal export in the long run as well as the short run. On the other hand, world demand for coking coal and USA coking coal prices have positive relationships with the Australian coking coal export in the long run and short run. All of these relationships are statistically significant at the 1% level.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.6000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Australasian Accounting Business and Finance Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.14453/aabfj.v17i3.07","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This article examines the long-run equilibrium relationships between the Australian coking coal export and selected variables. Upon testing with appropriate co-integration and vector error-correction models, we detected that the exchange rate of A$/US$, Australian coking coal price and world supply of coking coal have a negative impact on Australian coking coal export in the long run as well as the short run. On the other hand, world demand for coking coal and USA coking coal prices have positive relationships with the Australian coking coal export in the long run and short run. All of these relationships are statistically significant at the 1% level.
期刊介绍：
The Australasian Accounting, Business and Finance Journal is a double blind peer reviewed academic journal. The main focus of our journal is to encourage research from areas of social and environmental critique, exploration and innovation as well as from more traditional areas of accounting, finance, financial planning and banking research. There are no fees or charges associated with submitting to or publishing in this journal.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
