Research and analysis
Import demand: long run income elasticities
Examines how changes in global incomes influence import demand across different products and markets. BIS research paper number 144.
Ref: BIS/13/1262 PDF, 735KB, 92 pages
MS Excel Spreadsheet, 274KB
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Report that aims to explain how demand for world and UK exports may change in response to rising incomes. In particular, it explores how the volume and product mix of imports varies with income and across economies at different stages of development.
The background to this report is new trends in global demand and supply, which bring:
- new challenges and opportunities for UK exporters
- a renewed awareness of how industrial strategy and sectoral policy can support UK competitiveness