IS THERE A LONG-RUN RELATION BETWEEN THE TRADE BALANCE AND THE REAL EFFECTIVE EXCHANGE-RATE OF LDCS

被引:108
作者
BAHMANIOSKOOEE, M
机构
[1] The University of Wisconsin-Milwaukee, Milwaukee
关键词
D O I
10.1016/0165-1765(91)90206-Z
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using quarterly data over 1973-1988 period the cointegration analysis is used and it is shown that the trade balance and the real effective exchange rate of some LDCs are cointegrated in the long-run. This approach is argued to be a close substitute for testing the Marshall-Lerner condition. © 1991.
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页码:403 / 407
页数:5
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