Results 1 to 10 of about 24,699 (173)

Determinants of the Trade Balance in India. Evidence from a Post-Liberalisation Period [PDF]

Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 2022
The present study investigates trade balance determinants in post-liberalization India from 1991 to 2020. The main aim of this study is to test the validity of the J-curve and Marshal-Lerner condition and examine the impact of other related macroeconomic
Parray Waseem A., Wani Suadat H., Yasmin Effat   +2 more
doaj   +2 more sources

Testing the Marshall-Lerner condition in Kenya [PDF]

SSRN Electronic Journal, 2012
In this paper we examine the Marshall-Lerner (ML) condition for the Kenyan economy. In particular, we use quarterly data on the log of real exchange rates, export-import ratio and relative (US) income for the time period 1996q1 – 2011q4, and employ ...
Caporale, GM, Gil-Alana, LA, Mudida, R
core   +6 more sources

Marshall-Lerner Condition and Economic Globalization [PDF]

International Economics and Economic Policy, 2011
The analysis considers the impact of FDI inflows and FDI outflows and shows that the presence of (cumulated) FDI requires higher import elasticities in absolute terms than stated in the standard Marshall Lerner condition.
Paul J.J. Welfens
core   +3 more sources

The Standard Model of Trade and the Marshall – Lerner Condition [PDF]

Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego, 2017
There are similarities between standard trade model and Marshall-Lerner condition. However, in order to see whether the condition can work both ways (with decrease and increase of the currency exchange rate), and the properties of this model could be ...
Julian Krzyżanowski
doaj   +3 more sources

Testing the Marshall-Lerner condition for Romania

Theoretical and Applied Economics, 2022
In this paper, we test if a depreciation of a national currency will lead to an improvement of the trade balance. We chose the bilateral relationship of Romania and its ten main trading partners. This study will fill the gap in the Romanian literature on
Ecaterina TOMOIAGA, Monica Ioana POP SILAGHI   +1 more
doaj   +1 more source

On the Trade Balance Response to Monetary Shocks: the Marshall-Lerner Conditions Reconsidered [PDF]

Journal of Economic Integration, 2001
This paper studies the applicability of the Marshall-Lerner condition to the "basic" Obstfeld and Rogoff (1995) model. It shows that the Marshall-Lerner condition does apply to this class of models with homothetic preferences when product differentiation
Lombardo, Giovanni
core   +9 more sources

Marshall-lerner condition analysis: Turkey case [PDF]

, 2016
Marshall-Lerner (ML) condition is a phenomenon that describes increase in net exports through depreciation of domestic currency. When the sum of export and import elasticities are greater than unity, the ML condition states that a deficit in the trade
Cambazoğlu, Birgül, Güneş, Sevcan
core   +3 more sources

Marshall-Lerner Condition for South Asia: A Panel Study Analysis [PDF]

Pakistan Journal of Commerce and Social Sciences, 2017
Fluctuations in exchange rate have threatened the stability of global financial system and have invited unwarranted currency war. South Asia has been experiencing a whopping trade deficit from the last many years.
Adnan Ali Shahzad (Corresponding author)
doaj   +3 more sources

The Marshall-Lerner Condition: Stability of an Equilibrium or a System?

Asia and the Global Economy
This article examines the Marshall-Lerner (ML) condition from a broader perspective. Mundell (1968) regarded ML as the stability condition of the equilibrium, but not of the system. The violation of the ML condition by Japan's estimates is interpreted as
Hiroya Akiba
doaj   +2 more sources

Elasticities and trade imbalances: The significance of the Marshall/Lerner condition [PDF]

, 1990
The Marshall/Lerner condition is examined in a context in which full account is taken of the intertemporal optimizing conditions inherent in the balance of payments. This analysis suggests that the condition has only a very limited significance.
Pitchford, John David
core   +4 more sources