IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Review of export elasticities

Listed author(s):
  • Ballingall, John

    (New Zealand Institute of Economic Research)

  • Allen, James

    (New Zealand Institute of Economic Research)

Registered author(s):

    Assumptions on export elasticities can have a big impact on CGE model results, especially at the industry level. Export elasticities measure the responsiveness of demand for a country’s exports to a change in the world price. The greater the elasticity, the greater the change in export demand following a price shift. We find that the size of the export elasticities has an important impact on the magnitude of Computable General Equilibrium (CGE) modelling results. We use CGE models to assess the impacts of shocks, such as a major policy change, on measures of welfare like real consumption or GDP. The export elasticity determines the amount of export revenue for a given change in export volumes. The change in revenue flows through the economy and influences measures of welfare like real consumption or GDP. The scale of the elasticities can have a material impact on these results. The results, in turn, influence whether a policy or event is thought to be ‘good’ or ‘bad’ for an economy. Understanding where these elasticities came from, how robust they are, and how they might be re-estimated is therefore important.

    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:
    File Function: Full text
    Download Restriction: no

    Paper provided by New Zealand Institute of Economic Research in its series NZIER Working Paper with number 2011/4.

    in new window

    Length: 31 pages
    Date of creation: 13 Oct 2011
    Handle: RePEc:ris:nzierw:2011_004
    Contact details of provider: Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

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

    When requesting a correction, please mention this item's handle: RePEc:ris:nzierw:2011_004. 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: (Sarah Spring)

    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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.