The static electric polarizability tenser of single-wall carbon nanotu
bes is calculated within the random-phase approximation using a simple
tight-binding model and a classical correction to include local field
s. We find that the polarizability for constant fields parallel to the
cylindrical axis is highly dependent on the details of the tube's ele
ctronic structure. In contrast, the polarizability for fields perpendi
cular to the axis only depends on the tube radius. The relative magnit
udes of these two quantities suggests that under the application of a
randomly oriented electric held, nanotubes acquire dipole moments poin
ting mainly along their axes, with the size of the dipole inversely pr
oportional to the square of the minimum direct band gap.