Results 151 to 160 of about 24,711 (192)

The Marshall-Lerner condition reconsidered

Economics Letters, 1991
Abstract The usual Marshall-Lerner condition a la the price adjustment process is inadequate, and we obtain the true stability condition for international equilibrium. Paradoxical comparative statics results follow naturally for the stable equilibrium, while they all vanish under constant-returns-to-scale.
Toyonari Ide, Akira Takayama
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Marshall-Lerner Condition is Wrong

SSRN Electronic Journal, 2012
Many countries found puzzling when devaluation cannot improve their trade account. This paper proves that the theory they rely on is wrong. Depreciation is always harmful, for it reduces imports, exports, and trade profit. The Marshall-Lerner condition, if any, is always equal to one, and has no particular economic meaning.
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Long-run price elasticities and the Marshall–Lerner condition revisited

Economics Letters, 1998
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bahmani-Oskooee, Mohsen, Niroomand, Farhang   +1 more
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A Note on Teaching the Marshall-Lerner Condition

The Journal of Economic Education, 1986
This 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), 2011
Marshall-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, 1979
When 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, 2005
The 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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P. New MARSHALL–LERNER Condition and Economic Globalization

2010
High 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, 2016
Devaluation 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, 1983
Ein 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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