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Research Institute of Industrial Economics (IFN) Working Paper Series

No 51:
On Price Elasticities in Foreign Trade

Eva Christina Horwitz

Abstract: The origin of this paper was the need to provide import and export functions for the IUI-model of the Swedish economy used in the 1979 forecasting exercise, later on extended to support the analysis in the KRAN-project. This paper summarizes the results of the estimates of price elasticity’s in foreign trade in that exercise. It also surveys results for Sweden obtained by others and briefly compares results for other countries.

Keywords: International trade; Forecasting; Price elasticity; (follow links to similar papers)

JEL-Codes: F17; F40; (follow links to similar papers)

34 pages, December 1981

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