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Estimating Import Demand Function in Oil Exporting Countries: Panel Cointegration Approach

Kaouther Amiri, Ahlem Dakhlaoui and Besma Talibi

International Journal of Maritime, Trade & Economic Issues (IJMTEI), 2013, vol. I, issue 1, 33-48

Abstract: This article examines the empirical determinants of import demand in oil exporting countries. We show by a panel cointegration analysis that the import demand in these countries depends positively on domestic demand and exports, the real exchange rate and oil prices. While the current account balance tends to reduce demand for imports.

Keywords: Import demand; oil exporting countries; panel cointegration (search for similar items in EconPapers)
JEL-codes: F14 Q43 (search for similar items in EconPapers)
Date: 2013
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