78 3210 Import-Sub - Azerbaijan’s WTO Accession Process and Its Potential Impact on Vulnerable

Manufacture of medical, precision and optical

instruments, watches and clocks 0.0040 0.0040 0.0031 0.0031 3410 Import-Sub

Manufacture of motor vehicles, trailersand semi-

trailers 0.0011 0.0011 0.0005 0.0005

3610 Import-Sub Manufacture of furniture manufacturing 0.0404 0.0406 0.0253 0.0255 0122 Import-Sub Livestock products 0.2818 0.2823 0.0030 0.0030

Continued Appendix Table 6: Long and short term elasticities of price and income for Azerbaijan regional production

Regions ISIC Classification Products

Short term price elasticity Long term price elasticity Short term income elasticity Long term income elasticity

Qabala 1511 Import-Sub Manufacture of food products 0.5037 0.5047 0.4266 0.4275 1600 Import-Sub Manufacture of tobacco products 0.3716 0.3725 0.0029 0.0029 1729 Import-Sub Textile industry 0.1226 0.1229 0.0217 0.0217 1920 Import-Sub

Manufacture of leather, leather products and

footwear 0.0184 0.0184 0.0022 0.0022

2010 Import-Sub

Wood working and wood products and cork

products 0.2192 0.2194 0.0007 0.0007

0111 Import-Sub Agricultural crops 0.0249 0.0249 0.0021 0.0021 2221 Import-Sub

Publishing, printing and reproduction of recorded

materials 0.0481 0.0482 0.0182 0.0182

2320

Export- oriented

Manufacture of coke and refined petroleum

products 0.0325 0.0326 0.0103 0.0103

2411 Import-Sub Chemical industry 0.0002 0.0002 0.0055 0.0055 2519 Import-Sub Manufacture of rubber and plastics products 0.0090 0.0090 0.0155 0.0156 2899 Import-Sub Manufacture of fabricated metal products 0.1315 0.1319 0.0544 0.0545 3430 Import-Sub Manufacture of machinery and equipment 0.0089 0.0090 0.0076 0.0076 3110 Import-Sub Manufacture of electrical machinery and apparatus 0.1314 0.1318 0.0142 0.0142

3250 Neutral

Manufacture of radio, television, communication

equipment and apparatus 0.1567 0.1570 0.0337 0.0338

3210 Import-Sub

Manufacture of medical, precision and optical

instruments, watches and clocks 0.0039 0.0039 0.0030 0.0030 3410 Import-Sub

Manufacture of motor vehicles, trailersand semi-

trailers 0.0010 0.0010 0.0005 0.0005

3610 Import-Sub Manufacture of furniture manufacturing 0.0389 0.0390 0.0244 0.0245 0122 Import-Sub Livestock products 0.2717 0.2725 0.0029 0.0029 Qakh 1511 Import-Sub Manufacture of food products 0.4290 0.4300 0.3634 0.3642 1600 Import-Sub Manufacture of tobacco products 0.3165 0.3170 0.0025 0.0025 1729 Import-Sub Textile industry 0.1044 0.1047 0.0185 0.0185 1920 Import-Sub

Manufacture of leather, leather products and

footwear 0.0156 0.0157 0.0019 0.0019

2010 Import-Sub

Wood working and wood products and cork

products 0.1867 0.1876 0.0006 0.0006

0111 Import-Sub Agricultural crops 0.0212 0.0213 0.0018 0.0018 2221 Import-Sub

Publishing, printing and reproduction of recorded

materials 0.0409 0.0411 0.0155 0.0156

2320

Export- oriented

Manufacture of coke and refined petroleum

products 0.0277 0.0277 0.0087 0.0088

2411 Import-Sub Chemical industry 0.0002 0.0002 0.0047 0.0048 2519 Import-Sub Manufacture of rubber and plastics products 0.0076 0.0076 0.0132 0.0132 2899 Import-Sub Manufacture of fabricated metal products 0.1121 0.1127 0.0463 0.0466 3430 Import-Sub Manufacture of machinery and equipment 0.0076 0.0076 0.0065 0.0065 3110 Import-Sub Manufacture of electrical machinery and apparatus 0.1120 0.1124 0.0121 0.0122

79

3250 Neutral

Manufacture of radio, television, communication

equipment and apparatus 0.1335 0.1349 0.0287 0.0291 3210 Import-Sub

Manufacture of medical, precision and optical

instruments, watches and clocks 0.0033 0.0033 0.0026 0.0026 3410 Import-Sub

Manufacture of motor vehicles, trailersand semi-

trailers 0.0009 0.0010 0.0004 0.0005

3610 Import-Sub Manufacture of furniture manufacturing 0.0332 0.0334 0.0208 0.0209 0122 Import-Sub Livestock products 0.2315 0.2332 0.0024 0.0025

Continued Appendix Table 6: Long and short term elasticities of price and income for Azerbaijan regional production

Regions ISIC Classification Products

Short term price elasticity Long term price elasticity Short term income elasticity Long term income elasticity

Qazakh 1511 Import-Sub Manufacture of food products 0.2099 0.2111 0.1777 0.1788 1600 Import-Sub Manufacture of tobacco products 0.1548 0.1559 0.0012 0.0012 1729 Import-Sub Textile industry 0.0511 0.0515 0.0090 0.0091 1920 Import-Sub

Manufacture of leather, leather products and

footwear 0.0077 0.0077 0.0009 0.0009

2010 Import-Sub

Wood working and wood products and cork

products 0.0913 0.0916 0.0003 0.0003

0111 Import-Sub Agricultural crops 0.0104 0.0104 0.0009 0.0009

2221 Import-Sub

Publishing, printing and reproduction of recorded

materials 0.0200 0.0216 0.0076 0.0082

2320

Export- oriented

Manufacture of coke and refined petroleum

products 0.0135 0.0136 0.0043 0.0043

2411 Import-Sub Chemical industry 0.0001 0.0001 0.0023 0.0023 2519 Import-Sub Manufacture of rubber and plastics products 0.0037 0.0038 0.0065 0.0065 2899 Import-Sub Manufacture of fabricated metal products 0.0548 0.0552 0.0227 0.0228 3430 Import-Sub Manufacture of machinery and equipment 0.0037 0.0037 0.0032 0.0032 3110 Import-Sub Manufacture of electrical machinery and apparatus 0.0548 0.0551 0.0059 0.0060

3250 Neutral

Manufacture of radio, television, communication

equipment and apparatus 0.0653 0.0659 0.0141 0.0142

3210 Import-Sub

Manufacture of medical, precision and optical

instruments, watches and clocks 0.0016 0.0016 0.0013 0.0013 3410 Import-Sub

Manufacture of motor vehicles, trailersand semi-

trailers 0.0004 0.0004 0.0002 0.0002

3610 Import-Sub Manufacture of furniture manufacturing 0.0162 0.0165 0.0102 0.0104 0122 Import-Sub Livestock products 0.1132 0.1139 0.0012 0.0012 Qobustan 1511 Import-Sub Manufacture of food products 0.4850 0.4947 0.4108 0.4190 1600 Import-Sub Manufacture of tobacco products 0.3578 0.3598 0.0028 0.0028 1729 Import-Sub Textile industry 0.1181 0.1188 0.0209 0.0210 1920 Import-Sub

Manufacture of leather, leather products and

footwear 0.0177 0.0178 0.0021 0.0022

2010 Import-Sub

Wood working and wood products and cork

products 0.2111 0.2126 0.0007 0.0007

0111 Import-Sub Agricultural crops 0.0240 0.0241 0.0020 0.0020 2221 Import-Sub

Publishing, printing and reproduction of recorded

materials 0.0463 0.0464 0.0175 0.0176

2320

Export- oriented

Manufacture of coke and refined petroleum

products 0.0313 0.0315 0.0099 0.0100

2411 Import-Sub Chemical industry 0.0002 0.0002 0.0053 0.0053 2519 Import-Sub Manufacture of rubber and plastics products 0.0086 0.0087 0.0149 0.0150

80

2899 Import-Sub Manufacture of fabricated metal products 0.1267 0.1291 0.0524 0.0534 3430 Import-Sub Manufacture of machinery and equipment 0.0086 0.0088 0.0073 0.0075 3110 Import-Sub Manufacture of electrical machinery and apparatus 0.1266 0.1275 0.0137 0.0138 3250 Neutral

Manufacture of radio, television, communication

equipment and apparatus 0.1509 0.1519 0.0325 0.0327 3210 Import-Sub

Manufacture of medical, precision and optical

instruments, watches and clocks 0.0037 0.0037 0.0029 0.0029 3410 Import-Sub

Manufacture of motor vehicles, trailersand semi-

trailers 0.0010 0.0010 0.0005 0.0005

3610 Import-Sub Manufacture of furniture manufacturing 0.0375 0.0378 0.0235 0.0237 0122 Import-Sub Livestock products 0.2617 0.2670 0.0028 0.0028

Continued Appendix Table 6: Long and short term elasticities of price and income for Azerbaijan regional production

Regions ISIC Classification Products

Short term price elasticity Long term price elasticity Short term income elasticity Long term income elasticity

Manufacture of leather, leather products and

footwear 0.0077 0.0077 0.0009 0.0009

2010 Import-Sub

Wood working and wood products and cork

products 0.0913 0.0916 0.0003 0.0003

0111 Import-Sub Agricultural crops 0.0104 0.0104 0.0009 0.0009

2221 Import-Sub

Publishing, printing and reproduction of recorded

materials 0.0200 0.0216 0.0076 0.0082

2320

Export- oriented

Manufacture of coke and refined petroleum

products 0.0135 0.0136 0.0043 0.0043

3250 Neutral

Manufacture of radio, television, communication

equipment and apparatus 0.0653 0.0659 0.0141 0.0142

3210 Import-Sub

Manufacture of medical, precision and optical

instruments, watches and clocks 0.0016 0.0016 0.0013 0.0013 3410 Import-Sub

Manufacture of motor vehicles, trailersand semi-

trailers 0.0004 0.0004 0.0002 0.0002

Manufacture of leather, leather products and

footwear 0.0177 0.0178 0.0021 0.0022

2010 Import-Sub

Wood working and wood products and cork

products 0.2111 0.2126 0.0007 0.0007

81

In document Azerbaijan’s WTO Accession Process and Its Potential Impact on Vulnerable Non Competitive Segments of the Economy (Page 87-90)