The improvement of Marshall-lerner condition

null Qingxu Yang

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https://doi.org/10.1109/aimsec...

Article . 2011 . Peer-reviewed

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The improvement of Marshall-lerner condition

descriptionPublicationkeyboard_double_arrow_right Article 01 Aug 2011Publisher:IEEEJournal:2011 2nd International Conference on Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC)

Authors: null Qingxu Yang;

doi: 10.1109/aimsec.2011.6011144

The improvement of Marshall-lerner condition

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Abstract

Marshall-lerner condition is based solely on the import and export of elastic research , this conclusion is in trade goods supply elastic infinite ambient conditions concluded; If relax assumptions, the new conclusion is: when equation, currency devaluation is without any influence on the trade balance; if equation, currency devaluation improve trade balance; if equation, currency devaluation is to trade balance counterproductive, namely to worsen trade balance.

Related Organizations

Henan Polytechnic University
China (People's Republic of)

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