Record Details

Merchandise Import Demand Function in Saudi Arabia

Applied Economics and Finance

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Field Value
 
Title Merchandise Import Demand Function in Saudi Arabia
 
Creator Ibrahim, Mohamed Abbas
 
Description Merchandise imports in Saudi Arabia is growing steadily and very rapidly, at an average growth rate of 10.04 percent/year during 1975-2011. So, this study is very important to know the merchandise imports determinants in Saudi Arabian economy. This study empirically estimates the critical parameters of merchandise import demand determinants for Saudi Arabia by using Ordinary Least Squares (OLS) approach and Error Correction model during the period (1975-2011). The empirical results obtained show that, in both long run and short run, there are positive and significant relationships between the demand for merchandise import and real gross domestic product, gross capital formation expenditure, private consumption expenditure, government consumption expenditure and the relative price of imports to domestic price. On the other hand, there are positive but insignificant relationship between the demand for merchandise import and international reserves either in the long run or the short run.
 
Publisher Redfame Publishing
 
Contributor
 
Date 2014-12-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://redfame.com/journal/index.php/aef/article/view/626
10.11114/aef.v2i1.626
 
Source Applied Economics and Finance; Vol 2, No 1 (2015); 55-65
2332-7308
2332-7294
 
Language eng
 
Relation http://redfame.com/journal/index.php/aef/article/view/626/566