Showing 11 - 20 of 761,617
This paper investigates the robustness of CGE models with respect to the elasticities of substitution in demand between domestically produced goods and foreign goods – the so-called Armington elasticities. The Armington-type modeling of trade is still one of the most extensively used...
Persistent link: https://www.econbiz.de/10013000560
a literature on structural estimation and link this to recent attempts to incorporate such theories in CGE applications … elasticity estimates. We favor elasticities taken from econometric exercises that employ identifying assumptions and exploit …
Persistent link: https://www.econbiz.de/10014025273
Real exports are commonly specified as depending on an indicator of price competitiveness and on a measure of foreign activity. This study empirically investigates the suitability of alternative competitiveness indicators in explaining real exports for a broad group of advanced economies. To...
Persistent link: https://www.econbiz.de/10011541055
estimation of trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors … tariffs on imports. To this end, we were able to obtain theory-implied estimates of import and export income and price …
Persistent link: https://www.econbiz.de/10012266397
This paper uses a sectoral version of conventional Imperfect substitutes model to motivate a parsimonious estimation of … imports. To this end, we were able to obtain theory-implied estimates of import and export income and price elasticities for … elasticity coefficients, both in the import and in the export model, have the expected signs - increases in income positively …
Persistent link: https://www.econbiz.de/10012260864
Persistent link: https://www.econbiz.de/10014294963
Persistent link: https://www.econbiz.de/10011887227
This paper estimates disaggregated import demand function for Nigeria using annual data from 1970 to 2019. The study employs the Zivot-Andrews unit root and Gregory-Hansen cointegration tests to account for the role of structural breaks and the error correction mechanism for shortrun analysis,...
Persistent link: https://www.econbiz.de/10014364175
lower and negative elasticity in the short run compared with the long run. Relative prices are three times as elastic in the …
Persistent link: https://www.econbiz.de/10013113737
fluctuations on import. The estimation of dynamics of import demand sensitivity to changes in the real effective exchange rate and …
Persistent link: https://www.econbiz.de/10013098546