Purpose–The Marshall‐Lerner (M‐L) condition, which stipulates that a devaluation or
depreciation of its currency will improve a country's trade balance only if the sum of the …

This paper examines the short run and long run effects of real exchange rate changes on the
real trade balance of three ASEAN countries in their bilateral trade to the US and Japan …

Previous studies that investigated the short-run (J-curve) and the long-run effects of currency
depreciation on the trade balance of Pakistan used aggregate trade data between Pakistan …

The authors would like to thank Massimo del Gatto, Ide Kearney, Ralph Setzer and an
anonymous referee for useful comments, including suggestions for additional studies in the …

The short‐run effects of currency depreciation are said to be different from its long‐run
effects. In the short run, the trade balance deteriorates and improvement comes after some …

A country can restrict her imports by imposing tariffs and stimulating her exports by providing
subsidies. The same goal could be achieved through devaluation. One policy question that …

Abstracts This paper examined the nexus between economic growth and exchange rate,
remittances, trade, and agricultural output based on data sourced from 1980 to 2018 for 10 …

One cannot exaggerate the importance of estimating how international trade responds to
changes in income and prices. But there is a tension between whether one should use …

The Brazilian Trade Balance deficit in the 1990s was blamed on the adopted crawling-peg
exchange rate regime in which the real exchange rate was supposedly appreciated. The …