Typically, elasticity is used to describe how much demand for a product changes as its price increases or decreases. This is also known as demand elasticity. Elasticity for a good or service can ...

Abstract: A structural import demand equation is derived and estimated for a large number of countries, using recent time-series techniques that address the problem of non-stationarity. The average ...

Boundary Integral Equation Methods (BIEM) are powerful mathematical tools used in elasticity analysis to solve problems related to stress and deformation in materials. These methods are ...

Abstract: The paper estimates export demand elasticities for a large number of developing ... while Asia has both the highest income and price elasticities. The price and income elasticity estimates ...