{"title":"进口需求函数中移民和价格弹性的实证分析","authors":"Yukio Fukumoto","doi":"10.1108/jes-01-2024-0011","DOIUrl":null,"url":null,"abstract":"PurposeThe purpose of this paper is to explore the empirical relationship between the share of immigrants and the price elasticity of import demand.Design/methodology/approachWe estimate the import demand function including the interaction term of the share of immigrants and relative import price, using panel data of 76 countries/areas.FindingsThe coefficient of the interaction term is significantly positive, that is, a higher share of immigrants weakens the negative effect of the relative import price on import demand. Our findings reveal the negative relationship between the share of immigrants and the price elasticity of import demand.Practical implicationsThe share of immigrants is increasing in the present era of globalization, and it is possible that the role of exchange rate as the price adjustment mechanism in international trade become lower in the future.Originality/valueThis research considers different price elasticities for import goods by immigrants and natives.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":"21 28","pages":""},"PeriodicalIF":16.4000,"publicationDate":"2024-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"An empirical analysis on immigrants and price elasticity in the import demand function\",\"authors\":\"Yukio Fukumoto\",\"doi\":\"10.1108/jes-01-2024-0011\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"PurposeThe purpose of this paper is to explore the empirical relationship between the share of immigrants and the price elasticity of import demand.Design/methodology/approachWe estimate the import demand function including the interaction term of the share of immigrants and relative import price, using panel data of 76 countries/areas.FindingsThe coefficient of the interaction term is significantly positive, that is, a higher share of immigrants weakens the negative effect of the relative import price on import demand. Our findings reveal the negative relationship between the share of immigrants and the price elasticity of import demand.Practical implicationsThe share of immigrants is increasing in the present era of globalization, and it is possible that the role of exchange rate as the price adjustment mechanism in international trade become lower in the future.Originality/valueThis research considers different price elasticities for import goods by immigrants and natives.\",\"PeriodicalId\":1,\"journal\":{\"name\":\"Accounts of Chemical Research\",\"volume\":\"21 28\",\"pages\":\"\"},\"PeriodicalIF\":16.4000,\"publicationDate\":\"2024-06-06\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Accounts of Chemical Research\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1108/jes-01-2024-0011\",\"RegionNum\":1,\"RegionCategory\":\"化学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"CHEMISTRY, MULTIDISCIPLINARY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/jes-01-2024-0011","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
An empirical analysis on immigrants and price elasticity in the import demand function
PurposeThe purpose of this paper is to explore the empirical relationship between the share of immigrants and the price elasticity of import demand.Design/methodology/approachWe estimate the import demand function including the interaction term of the share of immigrants and relative import price, using panel data of 76 countries/areas.FindingsThe coefficient of the interaction term is significantly positive, that is, a higher share of immigrants weakens the negative effect of the relative import price on import demand. Our findings reveal the negative relationship between the share of immigrants and the price elasticity of import demand.Practical implicationsThe share of immigrants is increasing in the present era of globalization, and it is possible that the role of exchange rate as the price adjustment mechanism in international trade become lower in the future.Originality/valueThis research considers different price elasticities for import goods by immigrants and natives.
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.