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- W2462008889 abstract "Bilateral trade elasticity is important in the analysis of the international trade flows and their anticipation in the process of establishing macroeconomic policy. Our research is based on bilateral data and the assessment of the influence of currency depreciation on the bilateral trade elasticity of B&H and its seven leading trade partners from Central and Southeast Europe. We applied the ARDL econometric technique in the research. In the short term we investigated the presence of the Marshall-Lerner condition (M-L condition) for Croatia and FYR Macedonia, while in the long term we investigated the presence of the M-L condition for Slovenia. In addition, we investigated, in certain cases, the presence of the J-curve, i.e. long-term impact of currency depreciation on the elasticity of export and import demand function. Finally, based on the application of diagnostic statistics and stability tests, the stability of the coefficient was confirmed in the majority of cases." @default.
- W2462008889 created "2016-07-22" @default.
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- W2462008889 date "2016-06-05" @default.
- W2462008889 modified "2023-09-27" @default.
- W2462008889 title "Bilateral Trade Elasticity: B&H versus its seven trade partners" @default.
- W2462008889 hasPublicationYear "2016" @default.
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