Aggregate ımport demand functıon for slovakıa: evıdence from ardl bounds testıng approach
Yükleniyor...
Dosyalar
Tarih
2011
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
NATIONAL ACAD MANAGEMENT
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This paper estimates the aggregate import demand function for Slovakia, using recent cointegration approach, the ARDL bounds testing approach, for the quarterly period of 1993:1-2003:3. The results show that real import, relative price and real GDP are cointegrated. The CUSUM and CUSUMSQ stability tests indicate that there exists a stable import demand function. The results imply that price stabilization policies may not be used as instruments to maintain a favorable trade balance for Slovakia. Therefore, for a sustainable trade balance, the development of local industries should be encouraged in order to have less import.
Açıklama
WOS: 000291508000045
Anahtar Kelimeler
Aggregate Import Demand Function, Bounds Tests Analysis, Slovakia
Kaynak
Actual Problems of Economıcs
WoS Q Değeri
Q4
Scopus Q Değeri
Cilt
Sayı
119
