Table 2

Price and expenditure elasticities in Germany

Import sourcesMarshallian price elasticities (prices ↓)Expenditure elasticities
Egypt j = 1Netherlands j = 2France j = 3Spain j = 4Italy j = 5RoEU j = 6RoW j = 7
Egypt1.0375 (0.3292)0.3233 (0.3206)0.0838 (0.1627)−0.0132 (0.2074)−0.2316 (0.1860)0.3758 (0.1535)0.1260 (0.1584)1.1251 (0.3904)
Netherlands0.0591 (0.0552)1.0138 (0.0733)−0.0230 (0.0275)0.1195 (0.0377)−0.0991 (0.0386)0.0557 (0.0279)0.0349 (0.0255)1.2171 (0.0859)
France0.1953 (0.1613)0.4830 (0.1614)1.000 (0.1252)0.2153 (0.1359)0.4460 (0.1157)−0.1409 (0.0951)0.1888 (0.0933)−0.0098 (0.1998)
Spain0.0186 (0.2425)0.4828 (0.3177)0.1913 (0.1616)0.9276 (0.2814)0.3177 (0.1948)0.2439 (0.1913)−0.1421 (0.1559)0.7811 (0.3720)
Italy−0.2449 (0.2383)−0.3149 (0.2936)0.5258 (0.1508)0.3437 (0.2161)0.7479 (0.2624)−0.1415 (0.1533)−0.0469 (0.1535)0.6267 (0.3660)
RoEU0.4196 (0.1628)0.4113 (0.1840)0.3098 (0.1038)0.1401 (0.1701)−0.1829 (0.1221)0.3294 (0.1082)−0.0074 (0.1218)1.5204 (0.2079)
RoW0.2846 (0.3167)0.5566 (0.3103)0.4576 (0.1890)−0.2195 (0.2673)−0.0786 (0.2323)0.0659 (0.2169)0.8720 (0.2966)0.7204 (0.3543)
Hicksian price elasticities (prices↓)Budget shares
Egypt j = 1Netherlands j = 2France j = 3Spain j = 4Italy j = 5RoEU j = 6RoW j = 7
Egypt0.9236 (0.3241)0.8617 (0.2558)0.2025 (0.1653)0.0798 (0.1935)−0.1423 (0.1830)−0.2630 (0.1610)0.1849 (0.1597)0.1012
Netherlands0.1823 (0.0541)0.4113 (0.0611)0.1055 (0.0273)−0.0188 (0.0351)−0.0025 (0.0376)0.0663 (0.0287)0.0986 (0.0256)0.4786
France0.1943 (0.1586)0.4783 (0.1237)1.0010 (0.1275)0.2145 (0.1279)0.4452 (0.1155)−0.1419 (0.0999)0.1893 (0.0943)0.1055
Spain0.0977 (0.2369)−0.1090 (0.2030)0.2737 (0.1632)0.8630 (0.2645)0.3796 (0.1934)0.3222 (0.1934)−0.1012 (0.1587)0.0827
Italy−0.1815 (0.2335)−0.0149 (0.2270)0.5919 (0.1536)0.3955 (0.2041)0.6982 (0.2620)−0.0787 (0.1575)−0.0141 (0.1535)0.0794
RoEU−0.2657 (0.1627)0.3164 (0.1370)−0.1494 (0.1051)0.2658 (0.1595)−0.0623 (0.1247)−0.1770 (0.1178)0.0722 (0.1214)0.1002
RoW0.3576 (0.3089)0.9015 (0.2337)0.3816 (0.1900)−0.1599 (0.2506)−0.0214 (0.2327)0.1381 (0.2325)0.8343 (0.3001)0.0524

Note(s): Figures in parentheses are estimated standard errors. Values in bold fonts = statistically significant at 1% level. Values in bold italic fonts = statistically significant at 5% level. Values in italic fonts = statistically significant at 10% level

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