Bahmani-Oskooee, Mohsen; Huseynov, Salman; Jamilov, Rustam - In: Macroeconomics and Finance in Emerging Market Economies 7 (2014) 1, pp. 83-98
This paper estimates the J-curve for Azerbaijan using quarterly industry-level data over the 2000--2009 period. Empirical results show that in 3 of the 10 strategic industries there is strong evidence for the fulfilment of the Marshall--Lerner condition, as the trade balance improves in the long...
