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Title: |
Specification Tests of the Aggregate Import
Demand Model in Developing Countries |
| Author: |
Arize,
Augustine |
| Author
Affiliation: |
E TX State U |
| Source: |
International Economic Journal, Spring 1991, v. 5, no. 1, pp. 79-89 |
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Publication Date: |
Spring 1991 |
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Abstract: |
This paper addresses empirically the
issues of homogeneity in prices, adjustment lag structure, and
appropriate income response of the import demand function in developing
economies. As part of the research process, the effectiveness of
currency devaluation as an instrument for dealing with continuing
balance of payments crisis is examined. Quarterly data from the
developing economies of Malaysia, the Philippines, and Thailand were
used. |
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