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    Estimating the substitution elasticities of import of factory industries using micro data and comparing long-term and short-term elasticities. by Mehdi Yazdani, Mina Sadeghi

    Published 2021-02-01
    “…In this study, the Armington substitution elasticity's were estimated for 103 industries four-digit ISIC in the period 1371-1396.The data used for domestic manufacturing production are extracted from the Statistical Center of Iran, the domestic and import price indices at the producer level from the Central Bank of Iran, and the trade data from the Islamic Republic of Iran Customs Administration.According to the results; the industries with the highest positive elasticities of substitution, respectively, are the "Manufacture of malt liquors and malt" and the "Manufacture of basic chemicals, except fertilizers and nitrogen Compounds" and Industries with the lowest positive substitution elasticity are, respectively "Tanning and dressing of leather" and "Building and repairing of pleasure and sporting boats except ships". …”
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