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.

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.

• Item Type: MPRA Paper
• English Title: Marshall-Lerner Condition and J-Curve Effect: Evidence for the Dominican Republic
• Language: Spanish
• Keywords: J-Curve, Marshall-Lerner Condition, trade balance, real exchange rate.
• Subjects: F - International Economics > F1 - Trade > F11 - Neoclassical Models of Trade; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade

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