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Long-run price elasticities and the Marshall–Lerner condition revisited
Economics Letters, 1998zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bahmani-Oskooee, Mohsen +1 more
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A Note on Teaching the Marshall-Lerner Condition
The Journal of Economic Education, 1986This article will be of particular interest to teachers of the intermediate course in international economics. It provides a technique for teaching the effect of devaluation on a country's trade balance in a simplified way without dilution of substance. It should serve to bring the Marshall-Lerner condition out of the appendix and into the classroom.
Dennis R. Appleyard, Alfred J. Field
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The improvement of Marshall-lerner condition
2011 2nd International Conference on Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011Marshall-lerner condition is based solely on the import and export of elastic research , this conclusion is in trade goods supply elastic infinite ambient conditions concluded; If relax assumptions, the new conclusion is: when equation, currency devaluation is without any influence on the trade balance; if equation, currency devaluation improve trade ...
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The Marshall-Lerner Condition and Imported Inputs
Southern Economic Journal, 1979When part of the imports is used as inputs for domestic production, devaluation increases the cost of production and hence may not be a good policy to improve the trade balance of a country. An interesting issue is whether the Marshall-Lerner condition, derived under the assumption that all imports are used for final consumption, remains to be ...
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WHO'S AFRAID OF THE MARSHALL‐LERNER CONDITION?
Economic Papers: A journal of applied economics and policy, 2005The Marshall‐Lerner condition—that the sum of the elasticities of import and export demand exceeds unity—has been put forward as a condition that is required for a depreciation to make the trade balance more positive. Based on recently estimated trade equations, the more appropriate condition for Australia is that the sum of the import elasticity of ...
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Empirical tests of the Marshall‐Lerner condition: a literature review
Journal of Economic Studies, 2013PurposeThe Marshall‐Lerner (M‐L) condition, which stipulates that a devaluation or depreciation of its currency will improve a country's trade balance only if the sum of the absolute values of a country's import and export price elasticities are greater than one, is a fundamental tenet of international economics.
Mohsen Bahmani +2 more
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P. New MARSHALL–LERNER Condition and Economic Globalization
2010High current account deficits have been a major challenge for US policy makers since the 1990s; many other countries have also occasionally faced problems with the current account deficit. Such deficits often give rise to protectionism, and it is therefore quite important to understand which policy options exist for correcting a trade balance deficit ...
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Testing Validity of Marshal Lerner Condition in the Ethiopian Economy
SSRN Electronic Journal, 2016Devaluation of a currency has an ambiguous effect on economic growth of a country. In this paper, I analyzed the effects of devaluation on trade balance and weather the Marshall-Learner Condition is valid or not in the Ethiopian Economy using time series data from 1980 to 2015.
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A dynamic model of trade adjustment and the Marshall-Lerner condition
Weltwirtschaftliches Archiv, 1983Ein dynamisches Modell fur den Anpassungsproze\ im Au\enhandel und die Marshall-Lerner-Bedingung. — In dem Aufsatz wird die Marshall-Lerner-Bedingung fur den Zwei-LAnder-Fall um einige dynamische Aspekte erweitert. Es wird gezeigt, da\ die ubliche, aus den statischen Ansto\wirkungen abgeleitete Bedingung notwendig, aber nicht ausreichend ist, wenn sich
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Robinson and Marshall-Lerner conditions with positive import content of exports
European Economic Review, 1984Abstract The usual Robinson and Marshall-Lerner conditions were derived under the assumption that exports are produced with domestic resources only. If, however, one takes into consideration that the ‘import content of exports’ is positive, the export price elasticities in the Robinson and Marshall-Lerner conditions have to be corrected accordingly ...
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