Modelling import demand behaviour in Ghana: a re-examination

George Marbuah

Economics Bulletin, 2013, vol. 33, issue 1, 482-493

Abstract: This paper empirically models Ghana's real import demand with respect to disaggregated expenditure components of final demand, relative price and international reserves. Using cointegration and error-correction models, the study finds significant differences between long-run and short-run import demand elasticities. Private consumption expenditure has the biggest impact on the demand for imports. Macroeconomic policies designed to influence imports should consider the relative impact and behaviour of each disaggregated import demand determinant.

Keywords: Import demand; Consumption expenditure; Current account; Trade deficit; Ghana (search for similar items in EconPapers)
JEL-codes: F0 F1 (search for similar items in EconPapers)
Date: 2013-03-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2013/Volume33/EB-13-V33-I1-P46.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-12-00185

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().