The Standard Model of Trade and the Marshall – Lerner Condition
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 bein...
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Format: | Article |
Language: | English |
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Warsaw University of Life Sciences Press
2017-12-01
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Series: | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
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Online Access: | https://prs.sggw.edu.pl/article/view/2929 |
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author | Julian Krzyżanowski |
author_facet | Julian Krzyżanowski |
author_sort | Julian Krzyżanowski |
collection | DOAJ |
description | 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. |
format | Article |
id | doaj-art-9e2ffaa7a894482da8eaeee9e5f1aa44 |
institution | Kabale University |
issn | 2081-6960 2544-0659 |
language | English |
publishDate | 2017-12-01 |
publisher | Warsaw University of Life Sciences Press |
record_format | Article |
series | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
spelling | doaj-art-9e2ffaa7a894482da8eaeee9e5f1aa442025-02-04T10:43:09ZengWarsaw University of Life Sciences PressZeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego2081-69602544-06592017-12-0117410.22630/PRS.2017.17.4.95The Standard Model of Trade and the Marshall – Lerner ConditionJulian Krzyżanowski0Szkoła Główna Gospodarstwa Wiejskiego w WarszawieThere 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.https://prs.sggw.edu.pl/article/view/2929standard trade modelMarshall-Lerner conditionrevaluationelasticitiesbalance of trade |
spellingShingle | Julian Krzyżanowski The Standard Model of Trade and the Marshall – Lerner Condition Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego standard trade model Marshall-Lerner condition revaluation elasticities balance of trade |
title | The Standard Model of Trade and the Marshall – Lerner Condition |
title_full | The Standard Model of Trade and the Marshall – Lerner Condition |
title_fullStr | The Standard Model of Trade and the Marshall – Lerner Condition |
title_full_unstemmed | The Standard Model of Trade and the Marshall – Lerner Condition |
title_short | The Standard Model of Trade and the Marshall – Lerner Condition |
title_sort | standard model of trade and the marshall lerner condition |
topic | standard trade model Marshall-Lerner condition revaluation elasticities balance of trade |
url | https://prs.sggw.edu.pl/article/view/2929 |
work_keys_str_mv | AT juliankrzyzanowski thestandardmodeloftradeandthemarshalllernercondition AT juliankrzyzanowski standardmodeloftradeandthemarshalllernercondition |