The elves and dwarves did fight
It is said in the books that the leves and dwarves did fight. Just because they did not fight in the main battles with the fellowship of the ring does not mean that they just sat at home. Attacks were maid on Rivendell and Lothlorien, and I assume that most of their resources were used to repel those attacks. Also There were huge battles raging in the north when everyone was fighting in the south. This is how Dain Ironfoot died. Also I believe that the king of Esgargoth died too. Bard's grandson I believe. The elves and dwarves did fight, it's just that the books do not go into depth about it.
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