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... GDP of the country, exchange rate, domestic price level and the rapidly growing population. Number o...Similarly, positive income elasticity has also been found for the products except the cr...
This paper reviews a bulk of the empirical studies on import demand estimates for Japan which findings are mixed and inconclusive. This review article contributes to the literature in at least two ways: 1. provide a detailed review on the papers which have studied the import demand behavior for Japan, and 2. discuss the issues of import demand framework with reference to Japan, in particular, the determinants of demand for imports. This is a survey paper, which reviews the studies that investigated Japan's import demand behavior in aggregate levels, particularly. This paper concludes that the results of Japan's import demand depend on the model specification and the estimation technique. This paper also reviews the issues, which are related to the candidate determinants of aggregate imp...
... of demand for imports (income variable, price variables, non-traditional determinants for import... the FDI variables were excluded, the elasticity for income and relative prices variables became 1....
...They are the elasticity and absorption approaches (associated with Keynesi... emphasizes the role of the relative prices (or exchange rate) in balance of payments adjustmeents by considering imports and exports as being dependent on relative prices ...
EPA and NHTSA, on behalf of the Department of Transportation, are issuing this joint proposal to further reduce greenhouse gas emissions and improve fuel economy for light-duty vehicles for model years 2017-2025. This proposal extends the National Program beyond the greenhouse gas and corporate average fuel economy standards set for model years 2012-2016. On May 21, 2010, President Obama issued a Presidential Memorandum requesting that NHTSA and EPA develop through notice and comment rulemaking a coordinated National Program to reduce greenhouse gas emissions of light-duty vehicles for model years 2017- 2025. This proposal, consistent with the President's request, responds to the country's critical need to address global climate change and to reduce oil consumption. NHTSA is proposing C...
... coordinated program would achieve important reductions in GHG emissions and fuel consumption f... a national objective since the first oil price shocks in the 1970s. Net petroleum imports account...We then used a short-run demand elasticity of -1 to convert a change in price into a change i...
...) together with the standard relative price variable to specify the aggregate import demand mo...The elasticity estimates indicates that in the long run, aggregat...
PAGE: 1. THE COMMITTEE FOR FAIR BEAM : IMPORTS, ET AL.,. :. Plaintiffs, :. v. : Ct. No. 02-00531....Price, (John R. Shane), Daniel B. Pickard, for Plaintiff...PAGE: 5. The short-term price elasticity of U.S. demand for structural steel beams is low r...
Several studies in the literature have tried to assess the impact of real depreciation of the Canadian dollar on the Canadian trade balance. They have either relied on the trade data between Canada and the rest of the world or between Canada and her major trading partners. In this paper we consider the trade between Canada and her major trading partner, the U.S. However, unlike previous research, we disaggregate the trade data between the two countries by commodity. We use export and import data over the period 1962-2004 from 152 commodities and the bounds testing approach to cointegration and error-correction modeling and show that real depreciation of the Canadian dollar has short-run effects on the trade balance of two-thirds of the industries. However, only in 50% of the industries,...
... approach and estimated relative price and income elasticities using aggregate trade dataa. For Canada, the sum of the price elasticity of Canadian import demand and the price elasticity...
... stimulate its exports and discourage its imports and thereby improve its trade balance. One policy ... is that the sum of import and export demand price elasticities exceed unity (that condition, known a... demand functions, significant price elasticity with one trading partner could be more than offset...
We compare samples of textiles and garments producers across groups of countries to find that, in general, productivity is far lower in Sub-Saharan Africa than it is in India. Indian manufacturers in turn are significantly less productive than their counterparts in Morocco, while producers in some SSA countries do match or exceed the Indian standard. The paper assesses the importance of geography as a possible factor in these gaps compared to such possible causes as trade policy and the quality of public institutions. It turns out that both institutions and trade policy are strong influences on country productivity averages. However, geography is also as powerful an influence in as far as it affects access to export markets and to input supplies.
... proximity-weighted average of factory-gate prices of spatially spread potential suppliers. In an ope... firm of country i ; and σ is the elasticity of substitution between a pair of varieties as con...
Does the experience vary across countries and, if so, why? A vast literature deals with these issues, including a number of comprehensive surveys from which this paper draws, and where the interested reader is advised to go for more details.1 For the purposes of this article, I will review the evidence so far on the four main ways in which trade is linked with inequality and poverty (economic growth, family income, the labor market, and fiscal effects) and attempt to draw some lessons for policy. A study for India found that trade liberalization has indeed increased labor demand elasticity and has done so more in states with more labor market flexibility. 12 A study in Mexico found that tariff declines were associated with increased income uncertainty.13 A more uncertain product demand...
... by trade protection, the share of imports and/or exports in GDP, and the magnitude of capita...Another way asks how the price changes generated by trade reform affect poor hous...
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