Elasticities and trade imbalances: The significance of the Marshall/Lerner condition

The Marshall/Lerner condition is examined in a context in which full account is taken of the intertemporal optimizing conditions inherent in the balance of payments. This analysis suggests that the condition has only a very limited significance.

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Year of publication:	1990
Authors:	Pitchford, John David
Institutions:	Fachbereich Wirtschaftswissenschaften, Universität Konstanz

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Extent:	application/pdf
Series:	Discussion Papers, Series II.
Type of publication:	Book / Working Paper
Notes:	Number 119
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010958434