Table 5 Elasticities for the trade model
From: Modelling production-consumption flows of goods in Europe: the trade model within Transtools3
| Â | NSTR 0 | NSTR 1 | NSTR 2 | NSTR 3 | NSTR 4 | NSTR 5 | NSTR 6 | NSTR 7 | NSTR 8 | NSTR 9 |
|---|---|---|---|---|---|---|---|---|---|---|
\( E\left({gdp}_{P_g}\right) \) | 0.824 | 0.899 | 0.474 | 0.735 | 0.587 | 0.921 | 1.054 | −0.002 | 1.123 | 1.175 |
\( E\left({gdp}_{C_g}\right) \) | 0.598 | 0.618 | 0.430 | 0.499 | 0.532 | 0.781 | 0.625 | 0.619 | 0.931 | 0.814 |
\( E\left({gdpcap}_{P_g}\right) \) | −0.274 | −0.211 | −1.051 | −0.425 | −0.352 | −0.393 | −0.556 | −0.627 | 0.119 | −0.018 |
\( E\left({gdpcap}_{C_g}\right) \) | −0.111 | −0.094 | 0.422 | 0.316 | −0.039 | −0.094 | −0.163 | −0.390 | −0.137 | −0.104 |
\( E\left( Logsu{m}_{C{P}_g}\right) \) | 0.533 | 0.141 | 0.000 | 0.079 | 0.110 | 0.740 | 0.209 | 0.322 | 0.174 | 0.164 |