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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 …
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.S. cigarette demand is inelastic, the income effects are mixed, advertising elasticities are relatively small, post-MSA advertising …The effect of advertising on cigarette demand has been widely studied. Yet the demand-advertising nexus is not …
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We present a new framework to identify demand and supply elasticities of agricultural commodities using yield shocks … - deviations from a time trend of output per area, which are predominantly caused by weather fluctuations. Demand is identified … recycled as feed stock for livestock, the predicted price increase scales back to 20 percent. While commodity demand is …
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