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Title:Economías abiertas y condición de Marshall-Lerner PDF Logo
Authors:Sastre Jiménez, Luis
Issue Date: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
Appears in Collections:Economic Analysis Working Papers: EAWP, Economists Association of La Coruña

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