Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/43422
Authors: 
Sastre Jiménez, Luis
Year of Publication: 
2010
Series/Report no.: 
Economic analysis working papers 2010,9
Abstract (Translated): 
This article presents an analytical reformulation of the Marshall-Lerner condition under the assumption that, in open economies where the share of exports or flows of imports relative to GDP is high, the independence between GDP and the exchange rate cannot be applied. The analytical model attempts to explain the potential impacts of exchange rate devaluation on the trade balance, by decomposing the total effect according to the degree of simultaneity between exports and imports flows.
Subjects: 
condición de Marshall-Lerner
simultaneidad flujos de exportaciones e importaciones
elasticidades-precio
elasticidades cruzadas
JEL: 
F41
Document Type: 
Working Paper

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