Elasticity of demand for exports


 

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Elasticity of demand for exports

This is normally the price elasticity of demand for exports of a country, either for a single industry or for the aggregate of all imports. Equals the rest of world's elasticity of demand for imports, which therefore also enters the Marshall-Lerner condition.



Similar Matches

Import elasticity

Import elasticity

Usually means the import demand elasticity.


Elasticity of substitution

Elasticity of substitution

The elasticity of the ratio of two inputs to a production (or utility) function with respect to the ratio of their marginal products (or utilities). With competitive demands, this is also the elasticity with respect to their price ratio. For example, with factors L,K and factor prices w,r, the elasticity of substitution of a production function F(K,L) is s = (wL/rK)d(K/L)/d(w/r).


Point elasticity

Point elasticity

See elasticity


Income elasticity

Income elasticity

Normally the income elasticity of demand; that is, the elasticity of demand with respect to income.


Supply elasticity

Supply elasticity

The elasticity of a supply function, usually with respect to price.


Further Suggestions

Import demand elasticity
Price elasticity
Demand elasticity
Armington elasticity
Cross elasticity
Constant elasticity of substitution function
Arc elasticity
Elasticity
Elasticity of demand for imports


 
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