A Critical Review of the Econometric Modelling of Aggregate Imports of Bangladesh

M. Shahe Emran, Forhad Shilpi and Ferdous Jalil
Additional contact information
Ferdous Jalil: Economics Department, University of California, Berkeley

Bangladesh Development Studies, 1997, vol. 25, issue 1-2, 159-171

Abstract: In a recent paper in this journal, Khan (1994) presented an analysis of potential gains from trade liberalization in Bangladesh. The importance of the magnitudes of price elasticities of imports and exports for estimation of welfare gains within a CGE framework is duly emphasized by Khan. As she points out, if the elasticities are small, the likely gains from trade liberalization are also limited. The price elasticity estimates for imports and exports used by Khan are -0.3 and 0.54 respectively.1 The estimate of the price elasticity of aggregate imports is low and consequently the implied gains from trade are small

Keywords: Price elasticity; Imports; Aggregate income; Foreign exchange; Economic models; Income estimates; Econometrics; Development studies; Analytical estimating (search for similar items in EconPapers)
JEL-codes: A12 (search for similar items in EconPapers)
Date: 1997
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:badest:0374

Access Statistics for this article

Bangladesh Development Studies is currently edited by Dr. Binayak Sen

More articles in Bangladesh Development Studies from Bangladesh Institute of Development Studies (BIDS) E-17, Agargaon, Sher-E-Bangla Nagar, Dhaka 1207. Contact information at EDIRC.
Bibliographic data for series maintained by Meftaur Rahman, Cheif Publication Officer, BIDS ().