IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v40y2008i22p2911-2920.html
   My bibliography  Save this article

A cost function analysis of import demand for Nigeria

Author

Listed:
  • A. E. Akinlo

Abstract

The article uses a translog cost function to examine the substitution relations among capital, labour and imports. The results show that capital has a substitute relation with domestic labour and import. However, labour and import have complementary relationship. The implication of this finding is that liberalization policies, if pursued vigorously, could impart positively on the demand for labour. In addition, it suggests that economic growth could be enhanced through trade liberalization.

Suggested Citation

  • A. E. Akinlo, 2008. "A cost function analysis of import demand for Nigeria," Applied Economics, Taylor & Francis Journals, vol. 40(22), pages 2911-2920.
    • Handle: RePEc:taf:applec:v:40:y:2008:i:22:p:2911-2920
    DOI: 10.1080/00036840600993932
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00036840600993932
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036840600993932?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. W. Erwin Diewert, 1986. "Export Supply and Import Demand Functions: A Production Theory Approach," NBER Working Papers 2011, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Ranjini L. Thaver & E. M. Ekanayake & Daniel R. Plante, 2012. "An Estimation Of The Impact Of Gear And Nepad On South Africa'S Disaggregated Import Demand Function With Nigeria," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 6(2), pages 69-79.
    2. Jeroen Hinloopen & Charles van Marrewijk, 2012. "Power laws and comparative advantage," Applied Economics, Taylor & Francis Journals, vol. 44(12), pages 1483-1507, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Faini, Riccardo, 1994. "Export supply, capacity and relative prices," Journal of Development Economics, Elsevier, vol. 45(1), pages 81-100, October.
    2. Das, Sandwip Kumar, 1997. "India's rupee devaluation, trade balance and unemployment: A producer theory approach," Journal of Asian Economics, Elsevier, vol. 8(1), pages 51-66.
    3. Osea Giuntella, 2012. "Do immigrants squeeze natives out of bad schedules? Evidence from Italy," IZA Journal of Migration and Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 1(1), pages 1-21, December.
    4. Truett, Lila J. & Truett, Dale B., 2003. "A cost function analysis of import demand and growth in South Africa," Journal of Development Economics, Elsevier, vol. 70(2), pages 425-442, April.
    5. Lawrence, Denis, 1990. "The Supply Response of Australian Agricultural Exports," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 145196, Australian Agricultural and Resource Economics Society.
    6. Feleke, Shiferaw T. & Walters, Lurleen M., 2005. "Global Coffee Import Demand in a New Era: Implications for Developing Countries," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 1(2), pages 1-15.
    7. Ranajoy Bhattacharyya & Bipradas Rit, 2018. "On the Relationship between the Nominal Exchange Rate and Export Demand in India," South Asian Journal of Macroeconomics and Public Finance, , vol. 7(2), pages 260-282, December.
    8. Washington, Andrew A. & Kilmer, Richard L., 2002. "The Production Theory Approach to Import Demand Analysis: A Comparison of the Rotterdam Model and the Differential Production Approach," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 34(3), pages 431-443, December.
    9. Gordeev, Dmitriy (Гордеев, Дмитрий) & Idrisova, Vittoria (Идрисова, Виттория) & Kaukin, Andrei (Каукин, Андрей) & Ponomarev, Yuriy (Пономарев, Юрий) & Filicheva, Evgeniya (Филичева, Евгения), 2016. "Analysis of Global Supply Chains in International Trade Patterns [Анализ Глобальных Цепочек В Моделях Международной Торговли]," Working Papers 765, Russian Presidential Academy of National Economy and Public Administration.
    10. Martin, Will & Warr, Peter G., 1991. "Agriculture's decline in Indonesia : supply or demand determined," Policy Research Working Paper Series 798, The World Bank.
    11. Schmidt, Tobias F. N. & Koschel, Henrike, 1998. "Modelling of foreign trade in applied general equilibrium models: theoretical approaches and sensitivity analysis with the GEM-E3 model," ZEW Discussion Papers 98-08, ZEW - Leibniz Centre for European Economic Research.
    12. Marshall, Maria I. & Marsh, Thomas L., 2003. "Endogenous Protection In The Mexican Corn And Sorghum Market," 2003 Annual meeting, July 27-30, Montreal, Canada 22242, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Lawrence, Denis & Zeitsch, John, 1990. "A Disaggregated Model of Agricultural Production Response," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 145198, Australian Agricultural and Resource Economics Society.
    14. Hillberry, Russell & Hummels, David, 2013. "Trade Elasticity Parameters for a Computable General Equilibrium Model," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1213-1269, Elsevier.
    15. Lila J. Truett & Dale B. Truett, 2011. "Whither Germany and the EMU In a Challenging Environment?," Working Papers 0019, College of Business, University of Texas at San Antonio.
    16. Giannis Karagiannis & Vangelis Tzouvelekas, 2010. "Sectoral linkages and industrial efficiency: a dilemma or a requisition in identifying development priorities?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(1), pages 207-233, August.
    17. Sun, Ling & Fulginiti, Lilyan E. & Peterson, E. Wesley F., 1999. "Technology, Factor Endowment, Prices And The Relative Decline Of Agriculture In Taiwan," 1999 Annual meeting, August 8-11, Nashville, TN 21700, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Jae Chung, 1992. "Rivalry for export promotions," Open Economies Review, Springer, vol. 3(1), pages 23-35, February.
    19. Truett, Lila J. & Truett, Dale B., 2002. "The demand for imports in Italy: A production analysis," International Review of Economics & Finance, Elsevier, vol. 11(4), pages 393-409.
    20. Cole, Ismail Miniru, 1995. "Japanese import price elasticities by region of origin: 1968-1988," Japan and the World Economy, Elsevier, vol. 7(1), pages 131-138, May.

    More about this item

    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:taf:applec:v:40:y:2008:i:22:p:2911-2920. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc 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 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    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.