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A Method for Calculating Export Supply and Import Demand Elasticities

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  • Stephen Tokarick

Abstract

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.

Suggested Citation

  • Stephen Tokarick, 2010. "A Method for Calculating Export Supply and Import Demand Elasticities," IMF Working Papers 10/180, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:10/180
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    References listed on IDEAS

    as
    1. Jeffrey Frankel & David Parsley & Shang-Jin Wei, 2012. "Slow Pass-through Around the World: A New Import for Developing Countries?," Open Economies Review, Springer, vol. 23(2), pages 213-251, April.
    2. Hiau Looi Kee & Alessandro Nicita & Marcelo Olarreaga, 2008. "Import Demand Elasticities and Trade Distortions," The Review of Economics and Statistics, MIT Press, vol. 90(4), pages 666-682, November.
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    Cited by:

    1. Nuno Limão & Giovanni Maggi, 2015. "Uncertainty and Trade Agreements," American Economic Journal: Microeconomics, American Economic Association, vol. 7(4), pages 1-42, November.
    2. International Monetary Fund, 2016. "Chad; 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Chad," IMF Staff Country Reports 16/274, International Monetary Fund.
    3. International Monetary Fund, 2015. "Mali; 2015 Article IV Consultation, Fourth Review Under the Extended Credit Facility Arrangement, and Request for Modification of a Performance Criterion-Press Release; Staff Report; and Statement by ," IMF Staff Country Reports 15/339, International Monetary Fund.
    4. repec:bla:kyklos:v:70:y:2017:i:2:p:278-305 is not listed on IDEAS
    5. Itai Agur, 2016. "Products and Provinces; A Disaggregated Panel Analysis of Canada’s Manufacturing Exports," IMF Working Papers 16/193, International Monetary Fund.
    6. International Monetary Fund, 2015. "Republic of Mozambique; Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria—Press Release; Staff Report; and Statement by the Executive Director for t," IMF Staff Country Reports 15/223, International Monetary Fund.
    7. Missaglia, Marco & Valensisi, Giovanni, 2014. "Trade policy in Palestine: A reassessment," Journal of Policy Modeling, Elsevier, vol. 36(5), pages 899-923.
    8. World Bank, 2013. "Kenya Economic Report, June 2013, No. 8 : Time to Shift Gears--Accelerating Growth and Poverty Reduction in the New Kenya," World Bank Other Operational Studies 16596, The World Bank.
    9. Alexei P Kireyev & Andrei Leonidov, 2016. "China’s Imports Slowdown; Spillovers, Spillins, and Spillbacks," IMF Working Papers 16/51, International Monetary Fund.

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