A Reexamination of COMESA’s Aggregate Import Demand Function: Multivariate Cointegration Approach
نویسندگان
چکیده
منابع مشابه
An Aggregate Import Demand Function for India: A Cointegration Analysis
This paper investigates the behaviour of Indian aggregate imports during the period 1971-1995. In our empirical analysis of the aggregate import demand function for India, cointegration and error correction modelling approaches have been used. In the aggregate import demand function for India, import volume is found to be cointegrated with relative import price and real GDP. Our econometric est...
متن کاملMultivariate Panel Cointegration Models and Money Demand Function
Is just only one cointegrating vector among the panel variables? Based on the multivariate maximum likelihood cointegration tests offered by Larsson et al. (2001), the findings here provide solid evidence of the presence of at least two cointegrated vectors for the money demand function in GCC countries,
متن کاملEstimating Aggregate Import-Demand Function for Nigeria Revisited
This study estimates the aggregate import demand function for Nigeria for the period of 1980 2010. Cointegration approach was implemented. While the error correction term in the estimated VEC model was evaluated for long run causal relationship, the short term coefficients were gauged for short term causal relationship between the explained and the explanatory variables. Results indicate: (i) t...
متن کاملAn Approach for the Estimation of Aggregate Potential Telecommuting Demand
Development of technology has made possible the invention of innovative and modern methods to solve partially the problems caused by traffic congestion, through decreasing the need for physical transportation; one such method being telecommuting. Few predictions have been reported regarding its aggregate demand at the level of a city, generally because of the complexity and multi-dimensionality...
متن کاملModelling interstate tourism demand in Australia: A cointegration approach
Interstate tourism is an important component of the domestic tourism business in Australia. However, empirical analyses of interstate tourism demand have not been previously undertaken. The motivation for this paper is to investigate the shortand long-run causal relationships between economic factors and interstate tourism demand in Australia. Using a cointegration approach, this study discover...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Journal of Current Research and Academic Review
سال: 2016
ISSN: 2347-3215
DOI: 10.20546/ijcrar.2016.405.008