Testing the Short-and-Long-Run Exchange Rate Effects on the Trade Balance: The Case of Colombia

Publicado en

  • Revista ESPE - Ensayos sobre Política Económica


  • This paper examines the role of the Exchange rate in determining the short and long run trade balance behavior for Colombia testing the BRM and ML conditions, and the J-curve hypothesis. 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.

fecha de publicación

  • 1999

Líneas de investigación

  • BMR Condition
  • Cointegration
  • Devaluation
  • J-Curve
  • ML Condition
  • Trade Balance

Página inicial

  • 87

Última página

  • 121


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