Marginal propensity to import
From Wikipedia, the free encyclopedia
The marginal propensity to import (MPM) is the fractional change in import expenditure that occurs with a change in GDP.[1]
Mathematically, the marginal propensity to import (MPM) function is expressed as the ratio of the import (M) function with respect to GDP (Y).[1]
In other words, the marginal propensity to import is measured as the ratio of the change in imports to the change in GDP, thus giving us a figure between 0 and 1.[2]
See also
References
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- ^ a b Page Module:Citation/CS1/styles.css has no content.Fedotovs, Aleksandrs (2008). "THE COEFFICIENT OF MULTIPLIER AND THE MARGINAL PROPENSITY TO IMPORT: THE CASE OF LATVIA" (PDF). Journal of Business Management. ISSN 1691-5348.
- ^ Page Module:Citation/CS1/styles.css has no content.Vasilev, Aleksandar (2025). "The Economics of an Import Tariff in the Keynesian Model: An Intermediate Macroeconomics Treatment". Theoretical and Practical Research in Economic Fields. 16 (4): 856. doi:10.14505/tpref.v16.4(36).03. hdl:10419/334395. ISSN 2068-7710.
Further reading
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- Page Module:Citation/CS1/styles.css has no content.Shinohara, Miyohei (1957). "The Multiplier and the Marginal Propensity to Import". American Economic Review. 47 (5): 608–624. JSTOR 1811740.
