Empirical Evidence Of J-Curve Effect And Marshall Lerner Condition: Case Of Azerbaijan

Elvin Alirzayev () and Sara Huseynova ()
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Elvin Alirzayev: Academy of the State Customs Committee
Sara Huseynova: Academy of the State Customs Committee

The Scientific-Analytical Journal "Economic Reforms", 2025, vol. 2025, issue 1, 40-56

Abstract: This study investigates the applicability of the J-curve and the Marshall-Lerner condition in Azerbaijan. Using multiple regression models and the Ordinary Least Squares (OLS) method to estimate parameters, we analyzed annual data from 1997 to 2024. As a result, we could not confirm the existence of the J-curve in Azerbaijan for this period...

Keywords: devaluation; foreign trade; J-curve; Marshall-Lerner condition (search for similar items in EconPapers)
JEL-codes: F10 F40 P45 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:azr:reform:v:2025:y:2025:i:1:p:40-56

DOI: 10.30546/2790-2196.01.12.2025.2006

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