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

Arc elasticity

Arc elasticity

See elasticity


Import elasticity

Import elasticity

Usually means the import demand elasticity.


Price elasticity

Price elasticity

The elasticity of supply or demand with respect to price.


Constant elasticity of substitution function

Constant elasticity of substitution function

See CES function


Import demand elasticity

Import demand elasticity

The elasticity of demand for imports with respect to price.


Further Suggestions

Cross elasticity
Income elasticity
Elasticity of demand for exports
Elasticity of substitution
Supply elasticity
Point elasticity
Armington elasticity
Elasticity
Demand elasticity


 
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