STATUS OF MANUFACTURING BUSINESSES AND WAVELET MODEL

Published 31 July 2020 •  vol 1  •  no 1  • 


Authors:

 

Seong-hoon Jeong, Dept. of Economics & International Trade, Daegu Catholic University, Daegu, South Korea
In-ho Choi, Dept. of Real Estate, Namseoul University, Cheonan, South Korea

Abstract:

 

The purpose of this study is to reveal how the Equilibrium relationship between the production and exchange rate of the manufacturing industry, Korea's main industry, exists on an annual and periodic basis. because production changes due to changes in technology structure, economic crisis, and globalization of industry. This relationship is based on the shock response function and the wavelet model, and the results are as follows. First, the exchange rate and production differed by industry on whether long-term balanced relationships existed or not The primary metal manufacturing industry (C24) and the electronic parts manufacturing (C26) were analyzed to have a long-term equilibrium relationship between exchange rates and production, and the automobile manufacturing (C30) was found to exist in part.

Keywords:

 

Exchange Rate, Shock Response Function, Wavelet Model , Financial Crisis, Interest Rates

References:

 

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Citations:

 

APA:
Jeong, S.-H., & Choi, I.-H. (2020). Status of Manufacturing Businesses and Wavelet Model. Journal of Business Models and Applications (JBMA), ISSN: 2652-7421, NADIA, 1(1), 19-26. doi: 10.33832/jbma.2020.1.1.04.

MLA:
Jeong, Seong-hoon, et al. “Status of Manufacturing Businesses and Wavelet Model.” Journal of Business Models and Applications, ISSN: 2652-7421, NADIA, vol. 1, no. 1, 2020, pp. 19-26. JBMA, http://article.nadiapub.com/JBMA/vol1_no1/4.html.

IEEE:
[1] S.-H. Jeong, and I.-H. Choi, "Status of Manufacturing Businesses and Wavelet Model." Journal of Business Models and Applications (JBMA), ISSN: 2652-7421, NADIA, vol. 1, no. 1, pp. 19-26, Jul 2020.