A Method for Calculating Export Supply and Import Demand Elasticities
July 1, 2010
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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.
Subject: Demand elasticity, Exports, Imports, Supply elasticity, Trade balance
Keywords: mover accent, WP
Pages:
40
Volume:
2010
DOI:
Issue:
180
Series:
Working Paper No. 2010/180
Stock No:
WPIEA2010180
ISBN:
9781455202140
ISSN:
1018-5941
