Long-run price elasticities and the Marshall-Lerner condition revisited

被引:100
作者
Bahmani-Oskooee, M [1 ]
Niroomand, F
机构
[1] Univ Wisconsin, Dept Econ, Milwaukee, WI 53201 USA
[2] Univ So Mississippi, Dept Econ & Int Business, Hattiesburg, MS 39406 USA
关键词
trade elasticities; ML condition; unit root; cointegration;
D O I
10.1016/S0165-1765(98)00147-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
In estimating trade elasticities most previous researchers employed nonstationary data and OLS or 2SLS method. With new developments in the literature, this paper uses stationary data and Johansen's cointegration analysis to provide new trade elasticities for almost 30 countries. (C) 1998 Elsevier Science S.A. AU rights reserved.
引用
收藏
页码:101 / 109
页数:9
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