Advanced Search
MyIDEAS: Login to save this article or follow this journal

The effect of oil exchange receipts on import in the Islamic Republic of Iran

Contents:

Author Info

  • Abbas Alavi Rad
  • Mohammad Ali Dehghan
Registered author(s):

    Abstract

    This paper examines the determinants of aggregate imports in Iran between 1960 and 2000. With respect to the fact that the Islamic Republic of Iran is an oil-exporting country, and most foreign exchange earnings result from oil export, recent study variable of oil exchange receipts to variables of traditional import demand function is added. Quantitative estimates, based on multivariate and univariate co-integration analysis, indicate that oil exchange receipts, real income and relative prices all significantly determine the behaviour of total import in the long-run. Findings also show that the income elasticity generally is within the range of 0.58 to 0.76. On the other hand, relative prices elasticity is within the range of - 0.56 to - 0.67. Additionally, we have used an error correction model to show the behaviour of import demand function in the short-run. Finally, our analysis show that oil exchange receipts, as well as real income and relative prices, play a remarkable role in shaping import behaviour both in the long-run and short-run. Copyright 2006 Organization of the Petroleum Exporting Countries.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0076.2006.00170.x
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Organization of the Petroleum Exporting Countries in its journal OPEC Review.

    Volume (Year): 30 (2006)
    Issue (Month): 4 (December)
    Pages: 235-248

    as in new window
    Handle: RePEc:bla:opecrv:v:30:y:2006:i:4:p:235-248

    Contact details of provider:
    Web page: http://onlinelibrary.wiley.com/journal/10.1111/%28ISSN%291753-0237

    Order Information:
    Web: http://ordering.onlinelibrary.wiley.com/subs.asp?ref=1753-0237&doi=10.1111/%28ISSN%291753-0237

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bla:opecrv:v:30:y:2006:i:4:p:235-248. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.