Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon

Empirical estimates of the determinants of import demand for consumer and non-consumer commodities in the Republic of Cameroon are derived using cointegration and error-correction modelling. Disaggregation of total merchandise imports into three classes of consumer goods and seven classes of non-con...

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Main Author: Tambi, N.E.
Format: Journal Article
Language:Inglés
Published: Informa UK Limited 1997
Subjects:
Online Access:https://hdl.handle.net/10568/35279
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author Tambi, N.E.
author_browse Tambi, N.E.
author_facet Tambi, N.E.
author_sort Tambi, N.E.
collection Repository of Agricultural Research Outputs (CGSpace)
description Empirical estimates of the determinants of import demand for consumer and non-consumer commodities in the Republic of Cameroon are derived using cointegration and error-correction modelling. Disaggregation of total merchandise imports into three classes of consumer goods and seven classes of non-consumer goods reveals that imports of consumer goods are more sensitive to import price and income changes than is the case with non-consumer goods. Rising import prices have a depressing effect on trade in consumer goods and appear to encourage demand for domestic substitutes of these goods. Over time, income elasticities of import demand become larger than short-run elasticities, suggesting a greater degree of "openness" of the Cameroon economy.
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spelling CGSpace352792024-08-27T12:27:43Z Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon Tambi, N.E. food security research marketing food science Empirical estimates of the determinants of import demand for consumer and non-consumer commodities in the Republic of Cameroon are derived using cointegration and error-correction modelling. Disaggregation of total merchandise imports into three classes of consumer goods and seven classes of non-consumer goods reveals that imports of consumer goods are more sensitive to import price and income changes than is the case with non-consumer goods. Rising import prices have a depressing effect on trade in consumer goods and appear to encourage demand for domestic substitutes of these goods. Over time, income elasticities of import demand become larger than short-run elasticities, suggesting a greater degree of "openness" of the Cameroon economy. 1997-08-04 2014-04-14T10:55:46Z 2014-04-14T10:55:46Z Journal Article https://hdl.handle.net/10568/35279 en Open Access Informa UK Limited Tambi, N.E. 1997. Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon. Journal of International Food and Agribusiness Marketing 9(1):19-38.
spellingShingle food security
research
marketing
food science
Tambi, N.E.
Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon
title Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon
title_full Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon
title_fullStr Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon
title_full_unstemmed Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon
title_short Testing for cointegration in import demand for consumer and non-consumer commodities in the republic of Cameroon
title_sort testing for cointegration in import demand for consumer and non consumer commodities in the republic of cameroon
topic food security
research
marketing
food science
url https://hdl.handle.net/10568/35279
work_keys_str_mv AT tambine testingforcointegrationinimportdemandforconsumerandnonconsumercommoditiesintherepublicofcameroon