Is There a Brazilian J-Curve?

Guilherme Moura () and Sergio Da Silva ()
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Guilherme Moura: Department of Economics, Pontifical Catholic University of Minas Gerais, Brazil

Economics Bulletin, 2005, vol. 6, issue 10, pages 1-17

Abstract: We show that Marshall-Lerner condition holds for Brazilian trade balance, and discard a J-curve in the short run. We present these results using impulse-response functions in a variety of (linear and nonlinear) models, including Markov-switching, vector error-correction models.

Keywords: exchange rate; J-curve; Markov-switching regime; Marshall-Lerner condition; trade balance; vector error-correction model (search for similar items in EconPapers)
JEL-codes: F3 F4 (search for similar items in EconPapers)
Date: 2005 Written 2005-07-08
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Related works:
Working Paper: Is There a Brazilian J-Curve? (2005)
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