A Method for Calculating Export Supply and Import Demand Elasticities
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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.
Series:
Working Paper No. 2010/180
Subject:
Demand elasticity Exports Imports Supply elasticity Trade balance
English
Publication Date:
July 1, 2010
ISBN/ISSN:
9781455202140/1018-5941
Stock No:
WPIEA2010180
Pages:
40
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