Showing 1 - 10 of 5,507
Pakistan. ARDL bound testing approach to cointegration is used to analyze the long run relationship of import demand, relative … expenditure components have positive and significant impact on import demand in Pakistan while the effect of relative prices is …This study is aimed at in-depth empirical analysis of impact of final expenditure components on import demand in …
Persistent link: https://www.econbiz.de/10011938298
In this paper we build a model of trade in vertically differentiated products and find that income inequality can affect the demand for imports even in the presence of homothetic preferences. The empirical importance of changes in inequality on the demand for imports is then assessed by...
Persistent link: https://www.econbiz.de/10010264288
greater propensity to import with respect to an increase in investment compared to a rise in consumption, yet find that export …) import demand for the 1980-2004 period and the more recent 1993-2004 period. German import demand is mainly driven by … goods have the highest marginal import content. The influence of export demand on the German economy's import demand is …
Persistent link: https://www.econbiz.de/10010295828
We develop a structural econometric model of import demand for Pakistan, with binding foreign exchange constraint. ARDL … from ARDL bound testing approach and Johansen’s method for cointegration show strong evidence of the existence of a long …-run stable relationship among the variables included in the import demand model. The price and income elasticity estimates have …
Persistent link: https://www.econbiz.de/10011496118
import functions or exportled growth. Focusing on the US relations with Euroland and Canada, cointegration analyses however …
Persistent link: https://www.econbiz.de/10010263683
from Pakistan on economic, demographic, social, and political variables. The data spans a period from 1972- 2006 and was … analyzed using cointegration and error correction approaches. All variables were found to be first difference stationary and … Economic Co-operation and Development (OECD) countries health care qualifies as a necessity in Pakistan. Urbanization and …
Persistent link: https://www.econbiz.de/10010323662
vehicle currency. Even though the literature about China is relatively large, no study has scrutinized the asymmetric impacts … of vehicle currency and real effective exchange rate on China's total trade balance with the entire EU. This research gap … is especially notable in the circumstances that the EU has surpassed the USA to become China's largest trading partner …
Persistent link: https://www.econbiz.de/10015074275
The user cost elasticity is a parameter of considerable importance in economics, with implications for the effects of budget deficits, tax-based savings incentives, monetary policy, corporate taxes, and tariffs and quotas on capital goods. This paper analyzes the econometric issues that account...
Persistent link: https://www.econbiz.de/10010293745
cointegration framework to examine whether Chinese interest rates are driven by the Fed's policy. In a second step, we estimate a … monetary model for China, in which we include also other monetary policy tools besides the central bank interest rate, namely … reserve requirement ratios and open market operations. Our results suggest China has been relatively successful in isolating …
Persistent link: https://www.econbiz.de/10010303913
This paper is to examine the stock markets role in the capital formation in Pakistan from the period 1st January 2001 … of Pakistan and three stock exchanges; Karachi, Lahore and Islamabad Stock exchanges. The stock market size of capital … exchange is the oldest and biggest Stock exchange of Pakistan and it is the first mover to adapt institutional developments …
Persistent link: https://www.econbiz.de/10011938288