Advanced Search
MyIDEAS: Login

Latin American Trade Elasticities

Contents:

Author Info

  • Thomas M Fullerton Jr

    (University of Texas at El Paso)

  • W Charles Sawyer

    (University of Southern Mississippi)

  • Richard L Sprinkle

    (University of Texas at El Paso)

Abstract

A survey of trade elasticities published for Latin American economies is conducted. Articles surveyed were published between 1975 and 1997. They include data from the mid-1950s through the mid-1990s. Imports are found to be highly income elastic as well as very price inelastic. Relatively fewer export function estimates are reported for Latin America than for other regions of the world. The estimates published indicate that exports were more elastic than anticipated under fixed exchange rate regimes. Results further indicate that Latin American trade flows respond heterogeneously to variations in domestic prices, foreign prices, and exchange rates.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://128.118.178.162/eps/it/papers/0407/0407009.pdf
Download Restriction: no

File URL: http://128.118.178.162/eps/it/papers/0407/0407009.ps.gz
Download Restriction: no

File URL: http://128.118.178.162/eps/it/papers/0407/0407009.doc.gz
Download Restriction: no

Bibliographic Info

Paper provided by EconWPA in its series International Trade with number 0407009.

as in new window
Length: 22 pages
Date of creation: 22 Jul 2004
Date of revision:
Handle: RePEc:wpa:wuwpit:0407009

Note: Type of Document - doc; pages: 22
Contact details of provider:
Web page: http://128.118.178.162

Related research

Keywords: Latin America; Merchandise Trade; Elasticities;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Thomas M Fullerton Jr & Richard L Sprinkle, 2004. "Latin American Progress under Structural Reform," Development and Comp Systems 0408012, EconWPA.
  2. Salas, Javier, 1988. "Estimación de la función de importaciones para México: Una revisión 1961-1986," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(220), pages 819-846, octubre-d.
  3. Wilson, John F & Takacs, Wendy E, 1979. "Differential Responses to Price and Exchange Rate Influences in the Foreign Trade of Selected Industrial Countries," The Review of Economics and Statistics, MIT Press, vol. 61(2), pages 267-79, May.
  4. Thomas M Fullerton Jr & W Charles Sawyer & Richard L Sprinkle, 2004. "Functional Form for United States - Mexico Trade Equations," International Trade 0408001, EconWPA.
  5. Warner, Dennis & Kreinin, Mordechai E, 1983. "Determinants of International Trade Flows," The Review of Economics and Statistics, MIT Press, vol. 65(1), pages 96-104, February.
  6. Dixit, Avinash K, 1989. "Hysteresis, Import Penetration, and Exchange Rate Pass-Through," The Quarterly Journal of Economics, MIT Press, vol. 104(2), pages 205-28, May.
  7. Stern, Robert M & Baum, Christopher F & Greene, Mark N, 1979. "Evidence on Structural Change in the Demand for Aggregate U.S. Imports and Exports," Journal of Political Economy, University of Chicago Press, vol. 87(1), pages 179-92, February.
  8. Carone, Giuseppe, 1996. "Modeling the U.S. demand for imports through cointegration and error correction," Journal of Policy Modeling, Elsevier, vol. 18(1), pages 1-48, February.
  9. Corbo, Vittorio, 1985. "International Prices, Wages and Inflation in an Open Economy: A Chilean Model," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 564-73, November.
  10. Goldstein, Morris & Khan, Mohsin S., 1985. "Income and price effects in foreign trade," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 2, chapter 20, pages 1041-1105 Elsevier.
  11. Thursby, Jerry G & Thursby, Marie C, 1984. "How Reliable Are Simple, Single Equation Specifications of Import Demand?," The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 120-28, February.
  12. Melo, Oscar & Vogt, Michael G., 1984. "Determinants of the demand for imports of Venezuela," Journal of Development Economics, Elsevier, vol. 14(3), pages 351-358, April.
  13. Faini, Riccardo & Pritchett, Lant & Clavijo, Fernando, 1988. "Import demand in developing countries," Policy Research Working Paper Series 122, The World Bank.
  14. Weisskoff, Richard, 1979. "Trade, Protection and Import Elasticities for Brazil," The Review of Economics and Statistics, MIT Press, vol. 61(1), pages 58-66, February.
  15. Bahmani-Oskooee, Mohsen, 1986. "Determinants of international trade flows : The Case of Developing Countries," Journal of Development Economics, Elsevier, vol. 20(1), pages 107-123.
  16. Thomas M. Fullerton, 1993. "Un modelo macroeconométrico para pronosticar la economía colombiana," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE.
  17. Gary Clyde Hufbauer & Jeffrey J. Schott, 1992. "North American Free Trade: Issues and Recommendations," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 71.
  18. Khan, Mohsin S, 1975. "The Structure and Behavior of Imports of Venezuela," The Review of Economics and Statistics, MIT Press, vol. 57(2), pages 221-24, May.
  19. Sawyer, W. Charles & Sprinkle, Richard L., 1997. "The Demand for Imports and Exports in Japan: A Survey," Journal of the Japanese and International Economies, Elsevier, vol. 11(2), pages 247-259, June.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Thomas M Fullerton Jr & Richard L Sprinkle & Roberto Tinajero, 2004. "El Paso Customs District Cross-Border Trade Flows," International Trade 0406001, EconWPA.
  2. Thomas M Fullerton Jr & Richard L Sprinkle, 2005. "An Error Correction Analysis of U.S.-Mexico Trade Flows," International Trade 0506003, EconWPA.
  3. Berument, M. Hakan & Dincer, N. Nergiz & Mustafaoglu, Zafer, 2014. "External income shocks and Turkish exports: A sectoral analysis," Economic Modelling, Elsevier, vol. 37(C), pages 476-484.
  4. Márcio Valério Ronci, 2004. "Trade Finance and Trade Flows," IMF Working Papers 04/225, International Monetary Fund.
  5. Thomas M Fullerton Jr & David A Schauer, 2004. "Short-Run Maquiladora Employment Dynamics," Urban/Regional 0407007, EconWPA.
  6. Thomas M Fullerton Jr & Roberto Tinajero, 2004. "Cross Border Cargo Vehicle Flows," International Trade 0405006, EconWPA.
  7. Mutz,Christine & Ziesemer,Thomas, 2005. "Simultaneous Estimation of Income and Price Elasticities of Export Demand, Scale Economies and Total Factor Productivity Growth for Brazil," Research Memorandum 004, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
  8. Mutz,Christine & Ziesemer,Thomas, 2005. "Prebisch-Singer: Debates, Growth Model and Estimates," Research Memorandum 007, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpit:0407009. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.