This study extends the analytical framework for the specification of import demand behaviour from the conventional partial equilibrium to a general equilibrium perspective. This perspective emphasises the macro dimension of import demand and the potential influence of financial factors. Two new...

This study uses disaggregated expenditure components of total national income to determine the behaviour of imports demand in Nigeria using annual time series data and by applying the Johansen-Juselius multivariate cointegration technique tests to find out if the relevant economic variables are...

This paper uses a robust estimation method referred to as the unrestricted error correction model - the bounds test analysis to re-analyze the long-term relationships between the demand for imports and it¡¯s determinants for South Korea over the period 1980-2000. Our results show that the...