IDEAS home Printed from https://ideas.repec.org/a/rfa/aefjnl/v2y2015i1p55-65.html
   My bibliography  Save this article

Merchandise Import Demand Function in Saudi Arabia

Author

Listed:
  • Mohamed Abbas Ibrahim

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

Suggested Citation

  • Mohamed Abbas Ibrahim, 2015. "Merchandise Import Demand Function in Saudi Arabia," Applied Economics and Finance, Redfame publishing, vol. 2(1), pages 55-65, February.
    • Handle: RePEc:rfa:aefjnl:v:2:y:2015:i:1:p:55-65
    as

    Download full text from publisher

    File URL: http://redfame.com/journal/index.php/aef/article/view/626/566
    Download Restriction: no
    File URL: http://redfame.com/journal/index.php/aef/article/view/626
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fayq Al Akayleh, 2017. "Accession to World Trade Organization and its Implications for Trade Diversification and Economic Activity: Evidence from Saudi Arabia," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 3(12), pages 332-345, 12-2017.
    2. Mohammed Aljebrin, 2018. "Non-Oil Trade Openness and Financial Development Impacts on Economic Growth in Saudi Arabia," International Journal of Economics and Financial Issues, Econjournals, vol. 8(5), pages 251-260.

    More about this item

    Keywords

    International Trade; Merchandise Import Demand; Error Correction model; Saudi Arabia.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfa:aefjnl:v:2:y:2015:i:1:p:55-65. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Redfame publishing (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.