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dc.contributor.authorMin, Byung-Seongen_US
dc.contributor.authorAlias, Mohammad Hajien_US
dc.contributor.authorTang, Tuck Cheongen_US
dc.date.accessioned2017-04-24T08:34:28Z
dc.date.available2017-04-24T08:34:28Z
dc.date.issued2002en_US
dc.date.modified2007-03-14T21:35:27Z
dc.identifier.issn12299774en_US
dc.identifier.urihttp://hdl.handle.net/10072/7167
dc.description.abstractThis article, applying Johansen multivariate cointegration analysis and error correction modeling techniques, analyses the relationship between Korean imports and the components of final demand expenditure and relative prices. Firstly, the major determinants of import demand in the long run are found to be relative price, final consumption expenditure and export demand with elasticities -0.6, 1.04 and 0.49 respectively. Secondly, in the case of import demand specification with disaggregated income variable, final consumption expenditure, relative price and capacity utilization are found to Granger-cause import demand in the short run. Thirdly, the different estimation results between the components basis and aggregation basis imply the traditional estimation can cause an aggregation bias.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherAsia-Pacific Research Center, Hanyang Universityen_US
dc.publisher.placeSeoul, Koreaen_US
dc.relation.ispartofpagefrom1en_US
dc.relation.ispartofpageto17en_US
dc.relation.ispartofissue1en_US
dc.relation.ispartofjournalJournal of Asia-Pacific Affairsen_US
dc.relation.ispartofvolume4en_US
dc.subject.fieldofresearchcode340206en_US
dc.titleAn Analysis of South Korea's Import Demanden_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of International Business and Asian Studiesen_US
gro.date.issued2002
gro.hasfulltextNo Full Text


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