Title

Long-Run Price Elasticities and the Marshall-Lerner Condition Revisited

Document Type

Article

Publication Date

10-1-1998

Department

Finance, Real Estate, and Business Law

Abstract

In estimating trade elasticities most previous researchers employed nonstationary data and OLS or 2SLS method. With new developments in the literature, this paper uses stationary data and Johansen's cointegration analysis to provide new trade elasticities for almost 30 countries. (C) 1998 Elsevier Science S.A. AU rights reserved.

Publication Title

Economics Letters

Volume

61

Issue

1

First Page

101

Last Page

109