Trade elasticities are often needed in applied country work for various purposes and this paper describes a method for estimating import demand and export supply elasticities withoutusing econometrics. The paper reports empirical estimates of these elasticities for a large number of low, middle, and upper income countries. One task for which trade elasticities are needed is in developing exchange rate assessments and this paper shows how the estimated elasticities can be used for this purpose.CONCLUSION This paper presented a method for estimating import demand and export supplies on a country basis without using ... This approach isolates the determinants of both the export supply and import demand functions in terms ofanbsp;...
|Title||:||A Method for Calculating Export Supply and Import Demand Elasticities|
|Author||:||Mr. Stephen Tokarick|
|Publisher||:||International Monetary Fund - 2010-07-01|