Matches in SemOpenAlex for { <https://semopenalex.org/work/W3125175147> ?p ?o ?g. }
Showing items 1 to 59 of
59
with 100 items per page.
- W3125175147 abstract "This paper examines the role of exchange rates in determining the short-and-long-run trade balance behavior for Colombia. Conventional wisdom says that a nominal devaluation improves the trade balance. This conjecture is rooted in the Bickerdike-Robinson-Metzler (BRM) and Marshall- Lerner (ML) conditions. Empirically, the evidence for both developed and developing countries has been inconsistent in either rejecting or supporting the BRM or ML conditions. This paper tests these two conditions. It uses a regression model formulation which includes income and money so that the monetary and absorption approaches to the balance of payments are also examined. The econometric procedure used is the Johansen and Juselius’ approach to estimation of multivariate cointegration systems. The main result is that exchange rates do play a role in determining the short-and-long-run behavior of the Colombian trade balance. Moreover, devaluation improves the trade balance, which is consistent with the BRM or ML conditions. The results show also that the long-run effect of an exchange rate devaluation on the trade balance is enhanced if accompanied by reduction in the money stock and/or an increase in income. The findings with respect to income and money variables did not uniformly reject or accept hypotheses from the absorption or monetary approaches either for the short run or the long run." @default.
- W3125175147 created "2021-02-01" @default.
- W3125175147 creator A5049779995 @default.
- W3125175147 date "1999-04-30" @default.
- W3125175147 modified "2023-09-27" @default.
- W3125175147 title "TESTING THE SHORT-AND- LONG.RUN EXCHANGE RATE EFFECTS ON TRADE BALANCE: THE CASE OF COLOMBIA" @default.
- W3125175147 hasPublicationYear "1999" @default.
- W3125175147 type Work @default.
- W3125175147 sameAs 3125175147 @default.
- W3125175147 citedByCount "0" @default.
- W3125175147 crossrefType "posted-content" @default.
- W3125175147 hasAuthorship W3125175147A5049779995 @default.
- W3125175147 hasConcept C109948328 @default.
- W3125175147 hasConcept C139719470 @default.
- W3125175147 hasConcept C145162277 @default.
- W3125175147 hasConcept C149782125 @default.
- W3125175147 hasConcept C162324750 @default.
- W3125175147 hasConcept C204208750 @default.
- W3125175147 hasConcept C22674136 @default.
- W3125175147 hasConcept C2776988154 @default.
- W3125175147 hasConcept C556758197 @default.
- W3125175147 hasConcept C70455891 @default.
- W3125175147 hasConceptScore W3125175147C109948328 @default.
- W3125175147 hasConceptScore W3125175147C139719470 @default.
- W3125175147 hasConceptScore W3125175147C145162277 @default.
- W3125175147 hasConceptScore W3125175147C149782125 @default.
- W3125175147 hasConceptScore W3125175147C162324750 @default.
- W3125175147 hasConceptScore W3125175147C204208750 @default.
- W3125175147 hasConceptScore W3125175147C22674136 @default.
- W3125175147 hasConceptScore W3125175147C2776988154 @default.
- W3125175147 hasConceptScore W3125175147C556758197 @default.
- W3125175147 hasConceptScore W3125175147C70455891 @default.
- W3125175147 hasLocation W31251751471 @default.
- W3125175147 hasOpenAccess W3125175147 @default.
- W3125175147 hasPrimaryLocation W31251751471 @default.
- W3125175147 hasRelatedWork W1605976337 @default.
- W3125175147 hasRelatedWork W1964591190 @default.
- W3125175147 hasRelatedWork W2007158658 @default.
- W3125175147 hasRelatedWork W2113598616 @default.
- W3125175147 hasRelatedWork W2152878605 @default.
- W3125175147 hasRelatedWork W2232960320 @default.
- W3125175147 hasRelatedWork W2299817999 @default.
- W3125175147 hasRelatedWork W2558233458 @default.
- W3125175147 hasRelatedWork W2771221230 @default.
- W3125175147 hasRelatedWork W278432625 @default.
- W3125175147 hasRelatedWork W2891234003 @default.
- W3125175147 hasRelatedWork W3015238583 @default.
- W3125175147 hasRelatedWork W3023369186 @default.
- W3125175147 hasRelatedWork W3106924534 @default.
- W3125175147 hasRelatedWork W3113927442 @default.
- W3125175147 hasRelatedWork W3128202500 @default.
- W3125175147 hasRelatedWork W3148539727 @default.
- W3125175147 hasRelatedWork W3214329105 @default.
- W3125175147 hasRelatedWork W78106357 @default.
- W3125175147 hasRelatedWork W983466900 @default.
- W3125175147 isParatext "false" @default.
- W3125175147 isRetracted "false" @default.
- W3125175147 magId "3125175147" @default.
- W3125175147 workType "article" @default.