Bahmani-Oskooee, Mohsen; Ardalani, Zohre - In: Economics Bulletin 6 (2007) 26, pp. 1-12
There exits two groups of studies that have investigated the short-run and the long-run effects of currency depreciation on the trade balance. The first group has employed trade data at the aggregate level between one country and the rest of the world. The second group has used trade data at the...