The Standard Model of Trade and the Marshall – Lerner Condition

Julian T. Krzyżanowski

Problems of World Agriculture / Problemy Rolnictwa Światowego, 2017, vol. 17, issue 32, Part 4

Abstract: 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 thoroughly utilized, the revaluation case is being considered. The J-curve effect is also being examined. Looking at further research ideas, the Marshall–Lerner condition could be a complimentary tool in explaining the standard model.

Keywords: International Relations/Trade; Productivity Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ags:polpwa:266516

DOI: 10.22004/ag.econ.266516

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