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Differentiating cyclical and long-term income elasticities of import demand.

By: Clavijo, Fernando; Faint, Riccardo.
Material type: materialTypeLabelBookSeries: Working papers series. Publisher: Washington : World Bank, 1989Subject(s): Income | Economic developmentSummary: The paper states that an import demand model that distinguished between cyclical and long-term responses supports the claim that import demand in developing countries is more responsive to short term than to long-term fluctuations in income.
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The paper states that an import demand model that distinguished between cyclical and long-term responses supports the claim that import demand in developing countries is more responsive to short term than to long-term fluctuations in income.

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