Pakko, Michael Robert (contributor) - 2003 - [Elektronische Ressource]
literature measuring import demand and export supply elasticities
[e.g. Stern et al., (1976); Whalley (1985)]. This work … specification. Using the import/export ratio as the relevant measure, point
estimates of the substitution elasticity are uniformly …,
the ratio of net exports to output (both at current prices); P, the ratio of import to export price deflators. Except for …