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Paper Information

Journal:   IRANIAN JOURNAL OF TRADE STUDIES (IJTS)   WINTER 2011 , Volume 15 , Number 57; Page(s) 209 To 233.
 
Paper: 

FACTORS AFFECTING THE IMPORTS OF CAPITAL, INTERMEDIATE AND CONSUMER GOODS

 
 
Author(s):  SEPANLOU HASHEM, GHANBARI ALI
 
* 
 
Abstract: 
Nowadays, the foreign trade is considered as one of the most significant economical aspects of all countries particularly of the developing countries. The estimation of import demand has always been a great concern and a challenging issue for the economic and political authorities specially in the national, local and international strategic decision-markings.
In this research, the type and the amount of the effects of some elements such as; the relative costs, the oil and gas revenues, the gross national product without considering oil and gas and the mine and industry value added on each of the import functions have been discussed.
The results show that the previous period imports is a significant meaning for all three functions and has the most influence on the imports of the consumer goods while it has the least influence on the import of the capital goods.
The import demand pricing has the highest elasticity for the intermediate goods and the lowest for the consumer goods.
Finally, the gas and oil export revenues and also the mine and industry value added have the most influence on the import of the capital goods.
JEL Classification: C32, C13, F10.

 

 
Keyword(s): IMPORT, CO-INTEGRATION, CONSUMER GOODS, INTERMEDIATE GOODS, CAPITAL GOODS
 
References: 
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