Estimating import and export demand elasticities for Mauritius and South Africa

Narayan, Seema and Narayan, Paresh 2010, Estimating import and export demand elasticities for Mauritius and South Africa, Australian economic papers, vol. 49, no. 3, pp. 241-252, doi: 10.1111/j.1467-8454.2010.00399.x.

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Title Estimating import and export demand elasticities for Mauritius and South Africa
Author(s) Narayan, Seema
Narayan, PareshORCID iD for Narayan, Paresh
Journal name Australian economic papers
Volume number 49
Issue number 3
Start page 241
End page 252
Total pages 12
Publisher Wiley-Blackwell Publishing Asia
Place of publication Richmond, Vic.
Publication date 2010-09
ISSN 0004-900X
Summary In this paper, we re-estimate the import and the export demand functions for Mauritius and South Africa using time series data. We use the bounds tests for cointegration and find evidence of a long-run relationship between import demand, income and prices for both countries. Our long run elasticities reveal that domestic income and relative prices have significant effects on the import demand for both countries, with income being the most important determinant. Furthermore, we find that while South Africa’s export demand is not responsive to relative prices or income; for Mauritius income is statistically significant.
Language eng
DOI 10.1111/j.1467-8454.2010.00399.x
Field of Research 140210 International Economics and International Finance
Socio Economic Objective 910399 International Trade not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2010 The Authors
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Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
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