Import Demand Equations: An Application of a Generalized Box-Cox Methodology

1982 ◽  
Vol 50 (1) ◽  
pp. 103 ◽  
Author(s):  
T. A. Boylan ◽  
M. P. Cuddy ◽  
I. G. O'Muircheartaigh
Keyword(s):  
Import Demand ◽  
Demand Equations

scholarly journals Price elasticity in import demand equations considering product quality: Estimates for the Brazilian economy (1996–2013)

EconomiA ◽  
2020 ◽  
Vol 21 (3) ◽  
pp. 340-364
Author(s):  
Ariane Danielle Baraúna Da Silva ◽  
Álvaro Barrantes Hidalgo
Keyword(s):  
Product Quality ◽  
Price Elasticity ◽  
Import Demand ◽  
Demand Equations

scholarly journals Estimating Consumer Import Demand Equations

1977 ◽  
Vol 1977 (105) ◽  
pp. 1-16
Author(s):  
Richard Berner ◽  
Keyword(s):  
Import Demand ◽  
Demand Equations

European Integration and Manufactures Import Demand: An Empirical Investigation of Ten European Countries

2002 ◽  
Vol 3 (3) ◽  
pp. 263-294 ◽  
Author(s):  
Ray Barrell ◽  
Dirk Willem te Velde
Keyword(s):  
European Integration ◽  
Direct Investment ◽  
Empirical Investigation ◽  
Import Demand ◽  
European Countries ◽  
Structural Factors ◽  
Trade Theory ◽  
Long Run ◽  
Parametric Change ◽  
Demand Equations

Abstract This paper studies import demand in ten European countries over the period 1970±95, and our objective is to investigate whether the process of European integration has affected imports. We provide evidence for parametric change in traditional import demand equations, suggesting that important variables or structural factors are missing from the long-run equations. We present equations based on new trade theory, where effects of technology and foreign direct investment are present. Once we include these there is little evidence that the creation of the Single Market has directly increased aggregated imports in European countries.

Competitive and Complementary Relations in International Travel: The Case of British Travel to Cyprus

2019 ◽  
Vol 10 (5) ◽  
pp. 395-420
Author(s):  
Petros Anastasopoulos ◽  
Keyword(s):  
Strong Association ◽  
International Travel ◽  
Relative Price ◽  
Annual Data ◽  
Export Demand ◽  
Relative Prices ◽  
Vector Error Correction ◽  
Vector Error ◽  
The Mediterranean ◽  
Demand Equations

This is an econometric analysis of demand for travel to Cyprus by Britons. We examined the competitive and complementary relations between travel to Cyprus and other well-established travel destinations in the Mediterranean basin. Because many package tours include several countries in their destinations within a given journey, and because individual travelers find it more advantageous to visit more than one country in a single trip, it may be meaningful to examine international travel within the contest of groups of countries rather than a single country competing for international travelers. Specifically, we provide an analysis of the competitive and complementary relations existing between the tourism sectors of Cyprus and that of Greece, Spain and Portugal for British travelers. We provide estimates of income and relative price elasticities based of export demand equations upon annual data from 1980-2016. We tested for the stationarity of the variables and derived estimates of the Vector Error Correction Model (VECM). These tests confirm a strong association between the incomes of Britons and their decision to travel to Cyprus. Furthermore, we show the relative prices between Cyprus and other competing destinations in the Mediterranean to play an important role in determining British travel to Cyprus.

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