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- W2030790714 abstract "This paper aims to ascertain the long-run relationship of Japanese aggregate import demand function over the period 1973–1997. The cointegration test used, bounds test procedure [J. Appl. Econ. 16 (2001) 289] is a recent test that based on the estimation of an unrestricted error-correction model (UECM). In contrary with previous studies [J. Policy Model. 16 (1994) 291; Jpn. World Econ. 13 (2001) 135], the bounds test confirms a long-run equilibrium relationship between quantity of imports, and its determinants namely real income and relative prices term. The estimated long-run income and price elasticities are 0.99 and −0.82, respectively." @default.
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- W2030790714 creator A5043001662 @default.
- W2030790714 date "2003-12-01" @default.
- W2030790714 modified "2023-10-01" @default.
- W2030790714 title "Japanese aggregate import demand function: reassessment from the ‘bounds’ testing approach" @default.
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- W2030790714 doi "https://doi.org/10.1016/s0922-1425(02)00051-8" @default.
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