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Condición Marshall-Lerner y el efecto Curva J: Evidencias para la República Dominicana

Peguero, Anadel G. and Cruz-Rodríguez, Alexis (2016): Condición Marshall-Lerner y el efecto Curva J: Evidencias para la República Dominicana.

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Abstract

The aim of this paper is to analyse the effects of a change in the real exchange rate on the trade balance of the Dominican Republic. For this a vector error correction model (VECM) is used. The results show no evidence of the J-Curve effect, but if the Marshall-Lerner Condition is met.

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