Senhadji, Abdelhak S.; Montenegro, Claudio E. - In: IMF Staff Papers 46 (1999) 3, pp. 2-2
The paper estimates export demand elasticities for a large number of developing and industrial countries, using time-series techniques that account for the nonstationarity in the data. The average long-run price and income elasticities are found to be approximately -1 and 1.5, respectively....