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product-level tariff pass-through and show that a higher ratio of import demand elasticity over export supply elasticity leads …
Persistent link: https://www.econbiz.de/10014293293
Should the long run income elasticity of aggregate import demand be equal to one, as implied by the neoclassical demand … theory? Why are many empirical estimates of income elasticities not equal to one, and why are some of them very high? The …
Persistent link: https://www.econbiz.de/10014123777
This paper investigates whether the elasticity of demand systematically changes from one importer country to another in … an international trade context. Evidence from U.S. exports supports this view by suggesting that the elasticity of demand … to the U.S. of the importer country. In terms of policy implications, using a common elasticity measure would …
Persistent link: https://www.econbiz.de/10012904910
Persistent link: https://www.econbiz.de/10011450629
Persistent link: https://www.econbiz.de/10011849619
low price elasticities. Furthermore, estimation results strongly depend on the observation period. Minor variations in the … estimation period typically lead to insignificant price terms often displaying the wrong sign. Based on an extensive econometric …. The corresponding activity elasticity is clearly below 1 and the price elasticity is highly significant. Changes in the …
Persistent link: https://www.econbiz.de/10003747642
bias when estimation does not consider product differentiation. …
Persistent link: https://www.econbiz.de/10012404506
The notion of the determinants of import demand has become a major policy issue in most countries due to the persistent trade deficits being experienced and their effects on the economy. Against this backdrop, this study empirically examined the factors determining import demand in Zimbabwe...
Persistent link: https://www.econbiz.de/10012482941
Correct estimates of import demand elasticities are essential for measuring the gains from trade and predicting the impact of trade policies. We show that estimates of import demand elasticities hinge critically on whether they are derived using trade quantities or trade values, and this...
Persistent link: https://www.econbiz.de/10012865250
Correct estimates of import demand elasticities are essential for measuring the gains from trade and predicting the impact of trade policies. We show that estimates of import demand elasticities hinge critically on whether they are derived using trade quantities or trade values, and this...
Persistent link: https://www.econbiz.de/10012038660