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A Method for Calculating Export Supply and Import Demand Elasticities

Author/Editor: Tokarick, Stephen
Authorized for Distribution: July 1, 2010
Electronic Access: Free Full Text (PDF file size is 1,069KB)
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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.
 
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Series: Working Paper No. 10/180
Subject(s): Balance of trade | Demand elasticity | Exchange rate assessments | Exports | Price elasticity | Real effective exchange rates | Supply elasticity
Author's keyword(s): import | export | elasticities
 
English  
    Published:   July 1, 2010        
            Format:   Paper
    Stock No:   WPIEA2010180   Pages:   40
    Price:   US$18.00
       
     
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