An investigation into the elasticities of import demand

Glover, Stephanie

An investigation into the elasticities of import demand

Glover, Stephanie

Cite this item: Glover, S. (2003, October). An investigation into the elasticities of import demand (Dissertation, Bachelor of Commerce with Honours). Retrieved from http://hdl.handle.net/10523/1220

Permanent link to OUR Archive version: http://hdl.handle.net/10523/1220

Date: 2003-10

Degree Name: Bachelor of Commerce with Honours

Degree Discipline: Economics

Pages: 58

Keywords: economic development; price elasticities; imports; order of integration; Engle-Granger-Yoo; cointegration technique; demand for imports

Research Type: Dissertation

Abstract:

This dissertation investigates the effects that economic development and the level of openness have on the income and price elasticities of demand for imports. In particular it tests hypotheses proposed by Melo and Vogt (1984) as well as extensions to these hypotheses. After establishing the order of integration, the Engle-Granger-Yoo three step cointegration technique is employed to estimate the demand for imports for twelve countries.

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An investigation into the elasticities of import demand

An investigation into the elasticities of import demand

Abstract:

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