Ballingall, John; Allen, James - New Zealand Institute of Economic Research - 2011
Assumptions on export elasticities can have a big impact on CGE model results, especially at the industry level. Export … elasticity, the greater the change in export demand following a price shift. We find that the size of the export elasticities has … elasticities measure the responsiveness of demand for a country’s exports to a change in the world price. The greater the …