The validity of Marshall-Lerner condition in Turkey: A cointegration approach
In recent years, it is discussed that the currency adjustments (devaluations) may frequently have impact on current account deficit associated with the increase in current account deficit. The impact of devaluation on balance of trade depends on the effectiveness of Marshall-Lerner condition. In thi...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2014-10-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1025.pdf
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