Record Details

Estimating Elasticity Function of Jordanian Aggregate Import Demand

Applied Economics and Finance

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Field Value
 
Title Estimating Elasticity Function of Jordanian Aggregate Import Demand
 
Creator Mugableh, Mohamed Ibrahim
 
Description This article estimates aggregate import demand function for Jordan using three fully co-integrating regressions over the (1980−2015) period. The bounds testing approach has been employed to test co-integration, while ARDL approach is used to analyze long-run elasticities. The results show a co-integration phenomenon among variables when import volume is dependent variable. In addition, the estimated long-run elasticities of import demand with respect to income and relative prices are 1.16 and -1.03, respectively. The understanding of import demand behavior is crucial for significant import forecasts, international trade planning, and exchange rate policy design.
 
Publisher Redfame Publishing
 
Contributor —
 
Date 2016-12-18
 
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/2085
10.11114/aef.v4i2.2085
 
Source Applied Economics and Finance; Vol 4, No 2 (2017); 33-37
2332-7308
2332-7294
 
Language eng
 
Relation http://redfame.com/journal/index.php/aef/article/view/2085/2177