Skip to main content
Skip to main content

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Due to the Radical Left Democrat shutdown, this government website will not be updated during the funding lapse.

President Trump has made it clear he wants to keep the government open and support those who feed, fuel, and clothe the American people.

Cross-Price Elasticities of Demand Across 114 Countries

  • by Anita Regmi and James L. Seale, Jr.
  • 3/19/2010
  • TB-1925

Overview

This report presents a simple methodology for calculating cross-price elasticities across countries, using the Frisch own-price elasticity. Cross-price elasticities are calculated for 9 major consumption categories from the 1996 International Comparison Program data across 114 countries. The consumption categories are: food, beverage, and tobacco; clothing and footwear; education; gross rent, fuel, and power; house furnishings and operations; medical care; recreation; transport and communications; and "other" items. Additionally, cross-price elasticities are calculated and reported for a two-good demand system of food and nonfood. The elasticity estimates from this report are the only available consistent cross-country cross-price elasticity estimates across this large a number of countries and consumption categories.

Download