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Author
Krzyżanowski Julian T. (Warsaw University of Life Sciences - SGGW, Poland)
Title
The Standard Model of Trade and the Marshall - Lerner Condition
Source
Zeszyty Naukowe SGGW w Warszawie. Problemy Rolnictwa Światowego, 2017, t. 17(32), z. 4, s. 193-198, rys., tab., bibliogr. 19 poz.
Scientific Journal Warsaw University of Life Sciences SGGW - Problems of Word Agriculture
Keyword
Badanie handlu, Handel, Rezerwa rewaluacyjna, Równowaga
Trade research, Trade, Revaluation reserve, Balance
Note
streszcz., summ.
Abstract
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. (original abstract)
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Bibliography
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ISSN
2081-6960
Language
eng
URI / DOI
http://dx.doi.org/10.22630/PRS.2017.17.4.95
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