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A Method for Calculating Export Supply and Import Demand Elasticities
Author:
Mr. Stephen Tokarick
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Series:
IMF Working Papers
Volume/Issue:
Volume 2010: Issue 180
Language:
English
Publication Date:
01 Jul 2010
DOI:
https://doi.org/10.5089/9781455202140.001
ISBN:
9781455202140
ISSN:
1018-5941
Pages:
40
Keywords:
WP; mover accent
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund