scholarly journals Import demand elasticities revisited

2021 ◽  
pp. 1-29
Author(s):  
Julia Grübler ◽  
Mahdi Ghodsi ◽  
Robert Stehrer
Keyword(s):  
Import Demand ◽  
Demand Elasticities

scholarly journals Import Demand Elasticities and Trade Distortions

2004 ◽  
Author(s):  
Alessandro Nicita ◽  
Hiau Looi Kee ◽  
Marcelo Olarreaga
Keyword(s):  
Import Demand ◽  
Demand Elasticities

scholarly journals Together at Last: Trade Costs, Demand Structure, and Welfare

2014 ◽  
Vol 104 (5) ◽  
pp. 298-303 ◽  
Author(s):  
Monika Mrázová ◽  
J. Peter Neary
Keyword(s):  
Monopolistic Competition ◽  
Trade Costs ◽  
Import Demand ◽  
Gains From Trade ◽  
Demand Elasticities ◽  
Segmented Markets ◽  
Demand Structure ◽  
Ces Preferences ◽  
Reciprocal Dumping

We show that relaxing the assumption of CES preferences in monopolistic competition has surprising implications when trade is restricted. Integrated and segmented markets behave differently, the latter typically exhibiting reciprocal dumping. Globalization and lower trade costs have different effects. The former reduces spending on all existing varieties, the latter switches spending from home to imported varieties; when demands are less convex than CES, globalization raises whereas lower trade costs reduce firm output. Finally, calibrating gains from trade is harder. Many more parameters are needed, while import demand elasticities typically overestimate the true elasticities, and so underestimate the gains from trade.

Australian long-run import demand elasticities: Further evidence

2003 ◽  
Vol 9 (3) ◽  
pp. 252-252
Author(s):  
Emmanuel Anoruo ◽  
Solomon Usianeneh
Keyword(s):  
Import Demand ◽  
Demand Elasticities ◽  
Long Run

scholarly journals Impacts of the FLEGT Action Plan and the EU Timber Regulation on EU Trade in Timber Product

2021 ◽  
Vol 13 (11) ◽  
pp. 6030
Author(s):  
Paul Rougieux ◽  
Ragnar Jonsson
Keyword(s):  
Structural Changes ◽  
Action Plan ◽  
Import Demand ◽  
Import Prices ◽  
Tropical Hardwood ◽  
Demand Elasticities ◽  
Hardwood Lumber ◽  
Demand Models ◽  
Timber Products ◽  
The Eu

The EU Timber Regulation (EUTR) is a key element in the efforts of the European Union to curb the trade in illegal timber products. This study helps to remedy the lack of systematic, statistical analysis of the EUTR’s potential impacts on international trade in timber products. Using cointegration intervention—or shock—models we quantify potential shifts in import prices and quantities of tropical hardwood lumber and oak lumber after the entry into effect of the EUTR. We further estimate import demand models to assess the relation between temperate and tropical hardwood products and whether there was a structural change in demand elasticities after the entry into force of the EUTR. The shock model analysis indicates, for most of the bilateral trade flows where we observe cointegration and a significant shock variable, increasing import prices and decreasing import quantities of tropical hardwood lumber following the EUTR start date, consistent with a contraction of the supply of tropical timber. The results of the import demand models do not give a clear indication as to whether oak lumber is a complementary or substitute product for tropical hardwood lumber, and there are no clear signs of structural changes in demand elasticities. Aside from the analysis, an important contribution of the paper is the procedure for building a long and homogeneous time series of tropical hardwood lumber.

scholarly journals Recycling, International Trade, and the Distribution of Pollution: The Effect of Increased U.S. Paper Recycling on U.S. Import Demand for Canadian Paper

1998 ◽  
Vol 30 (1) ◽  
pp. 217-223 ◽  
Author(s):  
Jeffrey A. Michael
Keyword(s):  
International Trade ◽  
Import Demand ◽  
Trade Theory ◽  
Paper Recycling ◽  
Monthly Data ◽  
Domestic Environment ◽  
Demand Elasticities ◽  
International Trade Theory ◽  
Input Prices ◽  
The U.S

AbstractThe quantity of paper recycled in the U.S. has more than doubled since 1985. International trade theory predicts that this will lead to reduced imports of paper, and a shift in domestic production toward waste paper intensive outputs (e.g., newsprint) and away from higher grade products such as printing/writing paper. Import demand elasticities with respect to input prices were estimated for newsprint, printing/writing, and all paper utilizing 20 years of monthly data. The empirical results confirm the predictions of theory, and illustrate a channel through which recycling may be more beneficial for U.S. industry than the domestic environment.

scholarly journals Import Demand Elasticities and Trade Distortions

2008 ◽  
Vol 90 (4) ◽  
pp. 666-682 ◽  
Author(s):  
Hiau Looi Kee ◽  
Alessandro Nicita ◽  
Marcelo Olarreaga
Keyword(s):  
Import Demand ◽  
Demand Elasticities

scholarly journals The Production Theory Approach to Import Demand Analysis: A Comparison of the Rotterdam Model and the Differential Production Approach

2002 ◽  
Vol 34 (3) ◽  
pp. 431-443 ◽  
Author(s):  
Andrew A. Washington ◽  
Richard L. Kilmer
Keyword(s):  
Consumer Demand ◽  
Estimation Procedure ◽  
Import Demand ◽  
Theory Approach ◽  
Price Elasticities ◽  
Demand Elasticities ◽  
Rotterdam Model ◽  
Stage Estimation ◽  
Derived Demand ◽  
Production Approach

Results indicate that, when comparing the unconditional derived-demand elasticities to the unconditional consumer demand elasticities, significant differences emerge due to the differences in the first-stage estimation procedure between the differential production approach and the Rotterdam model. In comparing the consumer demand price/cross-price elasticities to the derived-demand price/cross-price elasticities, it is clear that use of the Rotterdam model when a production approach should be used can lead to overestimation, underestimation, and incorrect signs in deriving unconditional price effects.

scholarly journals Rising Import Demand in China: Cui Bono and Why?

2011 ◽  
Vol 62 (1) ◽  
Author(s):  
Rolf Langhammer
Keyword(s):  
Import Demand ◽  
Income Elasticities ◽  
Demand Elasticities ◽  
International Production ◽  
Explanatory Factors ◽  
The Us ◽  
Trading Partners ◽  
High Degree ◽  
Investment In China ◽  
The Eu

SummaryThe paper measures income elasticities of demand for manufacturing imports in China since 1990 disaggregated by major trading partners such as the US, Japan, Germany and rest of the EU. German exporters seem to have benefited from the highest demand elasticities. The paper proposes explanatory factors such as a high degree of integration in international production chains and higher presence of foreign direct investment in China compared to partner countries responsible for the German success.

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