Differentiating cyclical and long-term income elasticities of import demand.
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TextSeries: Working papers seriesPublication details: Washington : World Bank, 1989.Subject(s): Summary: 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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