Title
Latin American trade elasticities
Publication Date
1-1-1999
Publication Name
Journal of Economics and Finance
Volume
23
Issue
2
First Page
143
Last Page
156
Source Full Text URL
https://doi.org/10.1007/BF02745948
Document Type
Article
DOI
10.1007/BF02745948
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.