Price and expenditure elasticities in the United Kingdom
| Import sources | Marshallian price elasticities (prices ↓) | Expenditure elasticities | ||||||
|---|---|---|---|---|---|---|---|---|
| Egypt j = 1 | Netherlands j = 2 | France j = 3 | Spain j = 4 | Cyprus j = 5 | RoEU j = 6 | RoW j = 7 | ||
| Egypt | −1.0310 (0.0886) | 0.1815 (0.1994) | 0.0537 (0.2059) | 0.0163 (0.1327) | 0.2399 (0.2430) | −0.1028 (0.1553) | −0.0101 (0.1767) | 0.6525 (0.2913) |
| Netherlands | 0.1152 (0.1420) | −1.6732 (0.1617) | 0.1284 (0.1493) | −0.0791 (0.1561) | −0.1158 (0.1812) | 0.2429 (0.1036) | 0.5646 (0.1788) | 0.8171 (0.1531) |
| France | −0.0030 (0.0727) | 0.0510 (0.0779) | −1.1688 (0.1792) | 0.1122 (0.1005) | 0.0978 (0.1675) | 0.0261 (0.1111) | −0.0478 (0.0970) | 0.9326 (0.2236) |
| Spain | 0.0162 (0.1416) | −0.1056 (0.2337) | 0.4055 (0.2953) | −1.2020 (0.1792) | 0.0145 (0.2501) | −0.0481 (0.1720) | 0.2480 (0.2598) | 0.6714 (0.2620) |
| Cyprus | 0.1155 (0.2288) | −0.3259 (0.2589) | −0.0165 (0.4287) | −0.1014 (0.2296) | −2.1637 (0.6154) | 0.4643 (0.2997) | −0.2464 (0.2973) | 2.2743 (0.5965) |
| RoEU | −0.0556 (0.0504) | 0.0874 (0.0492) | 0.0235 (0.0963) | −0.0308 (0.0526) | 0.2370 (0.1026) | −1.1951 (0.0955) | 0.0053 (0.0653) | 0.9233 (0.1457) |
| RoW | −0.0352 (0.0712) | 0.3385 (0.1079) | −0.0876 (0.1051) | 0.0771 (0.1042) | −0.0165 (0.1239) | −0.0250 (0.0804) | −1.2983 (0.1623) | 1.0470 (0.1435) |
| Import sources | Marshallian price elasticities (prices ↓) | Expenditure elasticities | ||||||
|---|---|---|---|---|---|---|---|---|
| Egypt | Netherlands | France | Spain | Cyprus | RoEU | RoW | ||
| Egypt | 0.1815 (0.1994) | 0.0537 (0.2059) | 0.0163 (0.1327) | 0.2399 (0.2430) | −0.1028 (0.1553) | −0.0101 (0.1767) | ||
| Netherlands | 0.1152 (0.1420) | 0.1284 (0.1493) | −0.0791 (0.1561) | −0.1158 (0.1812) | ||||
| France | −0.0030 (0.0727) | 0.0510 (0.0779) | 0.1122 (0.1005) | 0.0978 (0.1675) | 0.0261 (0.1111) | −0.0478 (0.0970) | ||
| Spain | 0.0162 (0.1416) | −0.1056 (0.2337) | 0.4055 (0.2953) | 0.0145 (0.2501) | −0.0481 (0.1720) | 0.2480 (0.2598) | ||
| Cyprus | 0.1155 (0.2288) | −0.3259 (0.2589) | −0.0165 (0.4287) | −0.1014 (0.2296) | 0.4643 (0.2997) | −0.2464 (0.2973) | ||
| RoEU | −0.0556 (0.0504) | 0.0235 (0.0963) | −0.0308 (0.0526) | 0.0053 (0.0653) | ||||
| RoW | −0.0352 (0.0712) | −0.0876 (0.1051) | 0.0771 (0.1042) | −0.0165 (0.1239) | −0.0250 (0.0804) | |||
| Hicksian price elasticities (prices↓) | Budget shares | |||||||
|---|---|---|---|---|---|---|---|---|
| Egypt j = 1 | Netherlands j = 2 | France j = 3 | Spain j = 4 | Cyprus j = 5 | RoEU j = 6 | RoW j = 7 | ||
| Egypt | −0.9803 (0.0940) | 0.2534 (0.1996) | 0.1986 (0.2067) | 0.0631 (0.1309) | 0.2902 (0.2308) | 0.0734 (0.1710) | 0.1015 (0.1578) | 0.0777 |
| Netherlands | 0.1787 (0.1408) | −1.5832 (0.1645) | 0.3099 (0.1529) | −0.0205 (0.1541) | 0.0527 (0.1780) | 0.4635 (0.1148) | 0.7043 (0.1702) | 0.1102 |
| France | 0.0695 (0.0723) | 0.1538 (0.0758) | −0.9617 (0.1868) | 0.1790 (0.0971) | 0.1698 (0.1593) | 0.2779 (0.1138) | 0.1116 (0.0821) | 0.2221 |
| Spain | 0.0684 (0.1418) | −0.0316 (0.2367) | 0.5547 (0.2996) | −1.1538 (0.2882) | 0.0664 (0.2394) | 0.1332 (0.1887) | 0.3628 (0.2463) | 0.0717 |
| Cyprus | 0.2922 (0.2323) | −0.0753 (0.2542) | 0.4886 (0.4583) | 0.0617 (0.2224) | −1.9882 (0.5889) | 1.0784 (0.3387) | 0.1425 (0.2651) | 0.0772 |
| RoEU | 0.0211 (0.0492) | 0.1892 (0.0469) | 0.2286 (0.0936) | 0.0354 (0.0968) | 0.3083 (0.0968) | −0.9457 (0.1088) | 0.1632 (0.0555) | 0.2701 |
| RoW | 0.0461 (0.0717) | 0.4539 (0.1070) | 0.1450 (0.1067) | 0.1521 (0.1033) | 0.0643 (0.1197) | 0.2577 (0.0876) | −1.1192 (0.1541) | 0.1710 |
| Hicksian price elasticities (prices↓) | Budget shares | |||||||
|---|---|---|---|---|---|---|---|---|
| Egypt | Netherlands | France | Spain | Cyprus | RoEU | RoW | ||
| Egypt | 0.2534 (0.1996) | 0.1986 (0.2067) | 0.0631 (0.1309) | 0.2902 (0.2308) | 0.0734 (0.1710) | 0.1015 (0.1578) | 0.0777 | |
| Netherlands | 0.1787 (0.1408) | −0.0205 (0.1541) | 0.0527 (0.1780) | 0.1102 | ||||
| France | 0.0695 (0.0723) | 0.1698 (0.1593) | 0.1116 (0.0821) | 0.2221 | ||||
| Spain | 0.0684 (0.1418) | −0.0316 (0.2367) | 0.0664 (0.2394) | 0.1332 (0.1887) | 0.3628 (0.2463) | 0.0717 | ||
| Cyprus | 0.2922 (0.2323) | −0.0753 (0.2542) | 0.4886 (0.4583) | 0.0617 (0.2224) | 0.1425 (0.2651) | 0.0772 | ||
| RoEU | 0.0211 (0.0492) | 0.0354 (0.0968) | 0.2701 | |||||
| RoW | 0.0461 (0.0717) | 0.1450 (0.1067) | 0.1521 (0.1033) | 0.0643 (0.1197) | 0.1710 | |||
Note(s): See Table 2