THE ELASTICITY OF DEMAND FOR THE EXPORTS OF A SINGLE COUNTRY - A RECONSIDERATION

J.H.E. Taplin

Australian Journal of Agricultural Economics, 1971, vol. 15, issue 2, 6

Abstract: One country's exports of a particular commodity are usually imperfect substitutes for similar exports from other countries. Consequently, the price elasticity of export demand involves unknown cross elasticities between sub-groups of the commodity. However, there are constraints on the relative magnitudes of all the sub-group elasticities. These make it possible to assess the degree to which the whole commodity elasticity divided by the market share is an over-estimate of the export elasticity.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22290

DOI: 10.22004/ag.econ.22290

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