Mahmud, S. F.Ullah, A.Yucel, E. M.2016-02-082016-02-0820041350-4851http://hdl.handle.net/11693/24305In this study, non-parametric kernel estimation technique has been employed to estimate import and export price elasticities for six developed countries. Based on the estimates of these elasticities Marshall-Lerner condition has been examined. In general the condition is only partially satisfied in the sub-sample periods. The results also suggest that the condition is more likely to be satisfied under fixed exchange rate regime. © 2004 Taylor and Francis Ltd.EnglishDemand elasticityEstimation methodExchange ratePrice dynamicsArticle10.1080/135048504100016748671466-4291