In this research, the DCC model is estimated to calculate dynamic correlation series between crude oil price and growth of Industry and Mine sector during 1367:1-1392:4. Then, Macroeconomic variables which can explain the dynamic correlation are analyzed as variables of contagion. So, the import, as an effective and affected variable from crude oil price, is separated to real import of consumpt...

according to the importance of careful review of crude oil market fluctuations on the iranian economy, in this paper a multivariate model of markov switching vector error correction model (have been used). variables such as real gross domestic product in industrial sector, real effective exchange rate, real governmental expenditure, real import, inflation rate and real crude oil price is used t...

abstract this study uses gravity model to examine the most important determinants of was agricultural trade. to this aim, import and export statistics of iran agricultural products for the period 1380 to 1387 was provided from iran customs organization and other information was obtained from different internet bases. random effects estimating and hausman test ratio result in fixed effects model...

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...

The exchange rate plays an essential role for firms which export goods and import raw materials. In this paper, the effects of real specific exchange rate fluctuations in imports, exports and aggregate trade on industry sector, chemical and transportation industries outputs in 49 OIC countries were investigated by using a panel data model over 1990-2014. Particularly, this paper presents eviden...

The study aims to estimate an international reserves demand model for China using economic growth, propensity to import, real effective exchange rate and trade openness variables for quarterly period spanning from 1985Q1 to 2014Q4.The bounds testing technique to cointegration is used to test for a long run relationship, while the autoregressive distributed lag approach is used to estimate short...