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Latin American trade elasticities

Thomas Fullerton, W. Charles Sawyer and Richard Sprinkle

Journal of Economics and Finance, 1999, vol. 23, issue 2, 143-156

Abstract: An important issue in applied international economics is the extent to which trade flows adjust to changes in income, relative prices, and exchange rates. While there have been numerous surveys regarding merchandise trade elasticities in industrial economies such as Japan and the United States, relatively little work has been completed with respect to developing regions of the world. Material in this article examines the literature on empirical estimates of import and export elasticities published for Latin America. (JEL F140) Copyright Springer 1999

Date: 1999
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DOI: 10.1007/BF02745948

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