Revisiting the South African aggregate import demand : A view from expenditure components

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dc.contributor.authorZiramba, Emmanuel
dc.date.accessioned2014-11-25T09:28:46Z
dc.date.available2014-11-25T09:28:46Z
dc.date.issued2012
dc.description.abstractThis paper examines the long run and short run relationship between South African aggregate imports and expenditure components and the price of imports relative to the price of domestic substitutes (RP) using the bounds test approach. Annual data for the period 1970-2009 are used. The final demand expenditure variable is disaggregated into final consumption expenditure (FCE), investment expenditure (EIG) and exports expenditure (EX). The use of a disaggregated demand variable, as opposed to a single demand variable, is justified by the possibility that each final demand component may have different import contents. The major findings are; first, aggregate import demand is co-integrated with its determinants, second, different components of final demand expenditure have different impacts on aggregate import demand in both the short and long-run periods.en_US
dc.identifier.citationZiramba, E. (2012). Revisiting the South African aggregate import demand : A view from expenditure components. Journal for Studies in Economics and Econometrics, 36(2), 67-83en_US
dc.identifier.issn03796205
dc.identifier.urihttp://hdl.handle.net/11070/1301
dc.language.isoenen_US
dc.publisherUniversity of Stellenboschen_US
dc.subjectExports expenditureen_US
dc.subjectInvestment expenditureen_US
dc.subjectFinal consumption expenditureen_US
dc.subjectAggregate importsen_US
dc.subjectSouth Africaen_US
dc.titleRevisiting the South African aggregate import demand : A view from expenditure componentsen_US
dc.typeArticleen_US
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