Skip to main content

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 2 Elasticities in the model

From: Economic impacts of biodiesel policy in Indonesia: a computable general equilibrium approach

Sector

Armington Elasticity

Primary input elasticity

Labor elasticity

Export demand elasticity

Basic chemicals

2

1.21

0.5

 − 0.5

Non-metal minerals

2

1.21

0.5

 − 0.5

Chemical products

2

1.21

0.5

 − 0.5

Sugar

2

1.21

0.5

 − 0.5

Sugarcane

2

1.21

0.5

 − 0.5

Varnish and lacquer

2

1.21

0.5

 − 0.5

Cosmetics

2

1.21

0.5

 − 0.5

Soap

2

1.21

0.5

 − 0.5

Pharmaceutical products

2

1.21

0.5

 − 0.5

Oil

2

0.61

0.5

 − 0.5

Vegetable oils

2

1.21

0.5

 − 0.5

Palm oil

2

1.21

0.5

 − 0.5

Other cereals

2

0.71

0.5

 − 0.5

Soybean

2

0.71

0.5

 − 0.5

Vegetables

2

0.71

0.5

 − 0.5

Fruits

2

0.71

0.5

 − 0.5

Oil refineries

2

1.21

0.5

 − 0.5

Maize

2

0.71

0.5

 − 0.5

  1. Source: Oktaviani (2001), Oktaviani et al. (2011)