<strong>Paper Title</strong><br>
Thailand-Asean Commodity Trade: Evidence of J-Curve<br>
<br>

<strong>Abstract</strong><br>
This study attempts to  investigate relationship between exchange rate and trade balance of Thailand and her 
ASEAN trading partners; Indonesia, Malaysia, Philippine, Singapore and Vietnam for period of 2000-2015. This paper 
employed Augmented Dickey-Fuller test (ADF), Johansen test, vector error correction model (VECM) andImpulse Response 
Function (IRFs).  The result of this paper found that devaluation of Thai currency improve trade balance in the case of 
Malaysia and Philippines.  Moreover, the study found no evidence support J-Curve Phenomenon. 
 
Keywords: Exchange rate, J-Curve,Thailand, Trade balance, VECM