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Keywords: Marshall-Lerner condition
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Journal Articles
Journal of International Logistics and Trade (2020) 18 (2): 61–76.
Published: 30 June 2020
... (import and export) via only maritime transport, while the third and fourth models considered trade volume via modes other than maritime transport. The empirical validity of the Marshall-Lerner condition is tested to see whether a devaluation of the real exchange rate improves the trade balance...
