Testing Marshall-Lerner condition: A non-parametric approach
ABSTRACT TESTING MARSHALL-LERNER CONDITION: A NON-PARAMETRIC APPROACH Yücel, Mustafa Eray M.A., In Department of Economics Supervisor: Assoc. Prof. Dr. Syed F. Mahmud August 2000 This study examines the determinants of trade flows for six developed countries. Volume of imports (exports) is regressed on relative import (export) price and domestic (world)
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Responsiveness of trade flows to changes in exchange rate and relative prices: Evidence from Nigeria [PDF]
This paper examines the long-run and short-run impacts of exchange rate and price changes on trade flows in Nigeria using exports and imports functions.
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The J-curve hypothesis suggests a specific pattern for the response of trade balance to real exchange rate changes: a real depreciation initially worsens the trade balance, but through time the trade balance improves, and thus the response of the trade ...
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The post-Keynesian tradition contains two different models of long-run growth in open economies -- the model of export-led cumulative causation (ELCC) originally conceived by Nicholas Kaldor and the model of balance-of-payments-constrained growth (BPCG ...
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Testing the marshall-lerner condition in Kenya
Navarra Center for International Development WP-09/2012 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 techniques based on the concept of long memory ...
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