TITLE

Long-Run Price Elasticities and the Marshall-Lerner Condition: Evidence from Egypt-EU Commodity Trade

AUTHOR(S)
Bahmani-Oskooee, Mohsen; Hosny, Amr Sadek
PUB. DATE
December 2013
SOURCE
European Journal of Development Research;Dec2013, Vol. 25 Issue 5, p695
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Une dévaluation ou dépréciation monétaire est censée améliorer la balance commerciale d′un pays à long terme si la condition de Marshall-Lerner est satisfaite. S′appuyant sur des données agrégées sur le commerce entre un pays et le reste du monde, ou entre deux pays, au niveau bilatéral, des recherches antérieures, qui ont cherché à évaluer la validité empirique de cette condition, ont fourni des résultats contrastés. Il est dit que les deux groupes souffrent d′un biais d′agrégation. Pour corriger ce biais, nous ventilons les données du commerce entre deux régions, l′Égypte et l′UE, et procédons à une estimation de la condition au niveau de produits issus de 59 secteurs et faisant l′objet d′échanges commerciaux entre les deux régions. Les résultats montrent que la condition est remplie pour 39 secteurs. Parmi ces 39 secteurs on trouve des petites et grandes industries, certaines bénéficiant d′un avantage comparatif, d′autres souffrant d′un désavantage.
ACCESSION #
91818913

 

Related Articles

  • From cooperation to confrontation: the impact of bilateral perceptions and interactions on the EU-Russia relations in the context of shared neighbourhood. Pop, Adrian // Eastern Journal of European Studies;Dec2016, Vol. 7 Issue 2, p47 

    Relying on the regional security complex theory and statements made by top Russian and EU officials and key decision-makers from the new EU Member States bordering Russia to the East, the article advances three main conclusions. First, that Russia's negative perceptions of the EU's Eastern...

  • THE DEVELOPMENT OF LEGAL FRAMEWORK FOR RUSSIA-EU RELATIONS: 2010 RESULTS. Kalinichenko, P. A. // Baltic Region / Baltijskij Region;2011, Vol. 3 Issue 9, p27 

    This article deals with the development of legal framework for Russia-EU relations in 2010. The author analyses the preparation of the new basic agreement, the development of sectoral EU-Russia agreements, and soft law amendments, as well as relevant regulations of the European Union and Russian...

  • Dialogue without cooperation? Diplomatic implications of EU-Japan summits. Morii, Aiko // Asia Europe Journal;Dec2015, Vol. 13 Issue 4, p413 

    The European Union (EU) and Japan have held annual bilateral summits since 1991; however, little cooperation has been achieved between the two parties. The existing literature on summitry meetings fail to account for this puzzling observation. This dissertation instead argues that the symbolic...

  • The EU, Russia and Models of International Society in a Wider Europe. Makarychev, Andrey; Sergunin, Alexander // Journal of Contemporary European Research;2013, Vol. 9 Issue 2, p313 

    The research objective of this article is two-fold: On the one hand, this study aims at analysing the multifaceted EU-Russia relations as seen from different theoretical/conceptual approaches. On the other hand, this article examines how the EU-Russia dialogue is organised in sectoral terms -...

  • 2 Background and literature review. Garcia-Herrero, Alicia; Le Xia // BOFIT Discussion Papers;5/30/2013, Issue 12, p6 

    The article presents a background on China's renminbi (RMB)-denominated bilateral swap agreement (BSA) with other countries as of 2013. The internationalization of the RMB began in 2009 when the Pilot Program of RMB Settlement of Cross-Border Trade Transactions was launched. The percentage of...

  • Blame-It-On-China Syndrome. Panagariya, Arvind // India Today;6/3/2013, p2 

    The article discusses the perception that there is an unfair bilateral trade relationship between India and China. The bilateral trade has expanded to reach 74 billion U.S. dollars by 2011. However, China's exports to India are two to three times of what India exports to China. Since 1995, India...

  • EU-Swiss research on shaky ground. Schiermeier, Quirin // Nature;2/20/2014, Vol. 506 Issue 7488, p277 

    The article reports on a referendum passed on February 9, 2014, which will force the Swiss government to set quotas to limit the influx of foreigners in Switzerland and discusses its implications on European Union (EU)-Switzerland relations and research projects in the nation. Topics include...

  • EU and U.S. sign comprehensive Air Transport Agreement.  // International Law Update;Apr2007, Vol. 13, p83 

    The article reports on the signing of Air Transport Agreement (ATA) by the European Union (EU) and U.S. on April 30, 2007. The ATA will bring significant economic benefits to America and Europe. It will replace the existing bilateral agreements between the U.S. and EU member states and set up an...

  • At last, Cyprus has officially joined the European family. Lillikas, Yiorgos // Parliamentarian;2007 Supplement, Vol. 88, p8 

    The article discusses how the membership of Cyprus in the European Union (EU) verifies its position as part of Europe. The author comments that Cyprus' accession to the EU has increased its political presence and allowed Cypriot participation in the World Trade Organization (WTO). He discusses...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics