EconPapers    
Economics at your fingertips  
 

Merchandise Import Demand Function in Saudi Arabia

Mohamed Ibrahim ()

Applied Economics and Finance, 2015, vol. 2, issue 1, 55-65

Abstract: Merchandise imports in Saudi Arabia is growing steadily and very rapidly, at an average growth rate of 10.04 percent/year during 1975-2011. So, this study is very important to know the merchandise imports determinants in Saudi Arabian economy. This study empirically estimates the critical parameters of merchandise import demand determinants for Saudi Arabia by using Ordinary Least Squares (OLS) approach and Error Correction model during the period (1975-2011). The empirical results obtained show that, in both long run and short run, there are positive and significant relationships between the demand for merchandise import and real gross domestic product, gross capital formation expenditure, private consumption expenditure, government consumption expenditure and the relative price of imports to domestic price. On the other hand, there are positive but insignificant relationship between the demand for merchandise import and international reserves either in the long run or the short run. JEL Classification: C22, F62, P33

Keywords: International Trade; Merchandise Import Demand; Error Correction model; Saudi Arabia. (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://redfame.com/journal/index.php/aef/article/view/626/566 (application/pdf)
http://redfame.com/journal/index.php/aef/article/view/626 (text/html)

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:rfa:aefjnl:v:2:y:2015:i:1:p:55-65

Access Statistics for this article

More articles in Applied Economics and Finance from Redfame publishing Contact information at EDIRC.
Bibliographic data for series maintained by Redfame publishing ().

 
Page updated 2021-05-06
Handle: RePEc:rfa:aefjnl:v:2:y:2015:i:1:p:55-65