Abstract

ARRIAGA NAVARRETE, Rosalinda  and  LANDA DIAZ, Heri Oscar. Competitividad del Sector Externo Mexicano: Un análisis de la Condición Marshall-Lerner. Rev. mex. econ. finanz [online]. 2016, vol.11, n.1, pp.79-101. ISSN 2448-6795.

This article analyzes the effect of real exchange rate fluctuations on the trade balance. For this, the Marshall-Lerner hypothesis is operationalized in the case of the Mexican economy during the period 1986-2014 . The empirical estimation is made based on a vector autoregression model with error correction ( VEC ) . The results show that in the long run the real exchange rate improves the position of the trade balance also is evidence that validates the short -term course of the curve J.

Keywords : Balanza comercial; Tipo de cambio real; Condición Marshall-Lerner; Modelo Dinámico.

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