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(PDF) Modelling Import Demand Function for a Developing Country: An Empirical Approach | Nusrate Aziz - Academia.edu
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Both traditionally suggested in existing literature as well as some additional but empirically plausible determinants of import demand are examined in the paper. Various cointegration techniques and the error correction mechanism are employed. In addition to the real income and the relative prices of imports, foreign exchange reserves are also found to be a signi f icant determinant of import demand for developing countries, Export demand, which is overlooked by the existing literature, is found to be signi ficant determinant in both the short-run and long-run for developing countries, especially the countries which imports 'capital goods' for their exporting industries.","publication_date":"2013,,","publication_name":"Asian African Journal of Economics and Econometrics","grobid_abstract_attachment_id":"68380250"},"document_type":"paper","pre_hit_view_count_baseline":null,"quality":"high","language":"en","title":"Modelling Import Demand Function for a Developing Country: An Empirical Approach","broadcastable":false,"draft":null,"has_indexable_attachment":true,"indexable":true}}["work"]; window.loswp.workCoauthors = [5746624]; window.loswp.locale = "en"; window.loswp.countryCode = "SG"; window.loswp.cwvAbTestBucket = ""; window.loswp.designVariant = "ds_vanilla"; 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class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/40014811/An_Econometric_Estimation_of_the_Aggregate_Import_Demand_Function_for_Bangladesh"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="8" data-entity-id="116886558" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/116886558/An_Empirical_Estimations_of_Aggregate_Import_demand_under_Foreign_exchange_Constraint_Evidence_from_Ethiopia_">An Empirical Estimations of Aggregate Import demand under Foreign exchange Constraint (Evidence from Ethiopia)</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="297506349" href="https://independent.academia.edu/ahmedyimer24">ahmed yimer</a></div><p class="ds-related-work--abstract ds2-5-body-sm">This study utilizes the estimation of aggregate import demand under foreign exchange constraints in Ethiopia using annual time series data from 1985 to 2020. Regression analysis was carried out using the nonlinear autoregressive distributed lag (NARDL) approach to examine the impact of the accumulation of foreign exchange reserves on aggregate import demand in Ethiopia. The estimation results indicate that, in the long run, all the variables i.e., foreign exchange reserve, the relative price of import, real income, volatility of exchange rate, money supply, and policy dummy significantly determined the behavior of aggregate imports over the reference period. Findings also show that in the long-run foreign exchange reserve, real income, and exchange rate affect positively the demand for imports in Ethiopia. While a positive shock in relative import price and money supply negatively affect import demand in Ethiopia. Thus, the price and income elasticity estimates have correct signs an...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"An Empirical Estimations of Aggregate Import demand under Foreign exchange Constraint (Evidence from Ethiopia)","attachmentId":112891703,"attachmentType":"pdf","work_url":"https://www.academia.edu/116886558/An_Empirical_Estimations_of_Aggregate_Import_demand_under_Foreign_exchange_Constraint_Evidence_from_Ethiopia_","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/116886558/An_Empirical_Estimations_of_Aggregate_Import_demand_under_Foreign_exchange_Constraint_Evidence_from_Ethiopia_"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="9" data-entity-id="116759842" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/116759842/The_Functional_Form_of_the_Aggregate_Import_Demand_Equation_Evidence_from_Developing_Countries">The Functional Form of the Aggregate Import Demand Equation: Evidence from Developing Countries</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="188492237" href="https://independent.academia.edu/KhwajaSarmad">Khwaja Sarmad</a></div><p class="ds-related-work--metadata ds2-5-body-xs">The Pakistan Development Review, 1988</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"The Functional Form of the Aggregate Import Demand Equation: Evidence from Developing Countries","attachmentId":112799997,"attachmentType":"pdf","work_url":"https://www.academia.edu/116759842/The_Functional_Form_of_the_Aggregate_Import_Demand_Equation_Evidence_from_Developing_Countries","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/116759842/The_Functional_Form_of_the_Aggregate_Import_Demand_Equation_Evidence_from_Developing_Countries"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div></div><div class="ds-sticky-ctas--wrapper js-loswp-sticky-ctas hidden"><div class="ds-sticky-ctas--grid-container"><div class="ds-sticky-ctas--container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{"location":"continue-reading-button--sticky-ctas","attachmentId":68380250,"attachmentType":"pdf","workUrl":null}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{"location":"download-pdf-button--sticky-ctas","attachmentId":68380250,"attachmentType":"pdf","workUrl":null}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div><div class="ds-below-fold--grid-container"><div class="ds-work--container js-loswp-embedded-document"><div class="attachment_preview" data-attachment="Attachment_68380250" style="display: none"><div class="js-scribd-document-container"><div class="scribd--document-loading js-scribd-document-loader" style="display: block;"><img alt="Loading..." src="//a.academia-assets.com/images/loaders/paper-load.gif" /><p>Loading Preview</p></div></div><div style="text-align: center;"><div class="scribd--no-preview-alert js-preview-unavailable"><p>Sorry, preview is currently unavailable. 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