A Method for Calculating Export Supply and Import Demand Elasticities

July 1, 2010

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Format: Chicago

Stephen Tokarick. A Method for Calculating Export Supply and Import Demand Elasticities, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Trade elasticities are often needed in applied country work for various purposes and this paper describes a method for estimating import demand and export supply elasticities withoutusing econometrics. The paper reports empirical estimates of these elasticities for a large number of low, middle, and upper income countries. One task for which trade elasticities are needed is in developing exchange rate assessments and this paper shows how the estimated elasticities can be used for this purpose.

Subject: Demand elasticity, Exports, Imports, Supply elasticity, Trade balance

Keywords: Mover accent, WP

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2010/180
Stock No:

WPIEA2010180
ISBN:

9781455202140
ISSN:

1018-5941

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