Elasticity of demand for imports


 

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Elasticity of demand for imports

This is normally the price elasticity of demand for imports of a country, either for a single industry or for the aggregate of all imports. The latter plays a critical role in determining how the country's balance of trade responds to the exchange rate. See Marshall-Lerner condition.



Similar Matches

Import demand elasticity

Import demand elasticity

The elasticity of demand for imports with respect to price.


Demand elasticity

Demand elasticity

Normally the price elasticity of demand. References to other elasticities of demand, such as the income elasticity are normally explicit. See import demand elasticity.


Arc elasticity

Arc elasticity

See elasticity


Supply elasticity

Supply elasticity

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


Constant elasticity of substitution function

Constant elasticity of substitution function

See CES function


Further Suggestions

Import elasticity
Armington elasticity
Point elasticity
Price elasticity
Elasticity
Elasticity of substitution
Cross elasticity
Elasticity of demand for exports
Income elasticity


 
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