International trade studies have higher macro (Armington) elasticity measures compared to international finance studies … gains from trade. Regarding the policy implications, this so-called international elasticity puzzle is solved in this paper … through expenditure shares. It is shown theoretically and confirmed empirically that the macro elasticity in international …

this paper I analyze exchange rate and income elasticity of Indian imports and exports. I find a significant gap between … deficits. In addition I also find that the exchange rate elasticity is positive for both India's exports and imports. This …

Should the long run income elasticity of aggregate import demand be equal to one, as implied by the neoclassical demand …

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 …