Elasticities for Asian Trade

  • Jaime Marquez
Part of the Advanced Studies in Theoretical and Applied Econometrics book series (ASTA, volume 39)


That Asia’s share of world trade has expanded from insignificance to dominance is clear from figure 4.1. What is less clear is what role income and relative prices may have played in this remarkable expansion. Specifically, are income and price elasticities equally important across Asian countries, across exports and imports?


Forecast Error Real Exchange Rate Price Elasticity Income Elasticity Elasticity Estimate 
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Copyright information

© Springer Science+Business Media Dordrecht 2002

Authors and Affiliations

  • Jaime Marquez
    • 1
  1. 1.Federal Reserve BoardUSA

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