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Aggregate Imports and Expenditure Components in the Philippines: An Econometric Analysis
This paper estimates aggregate short-run and long-run import demand functions for the Philippines using data for the period 1960-2006. Results indicate that import demand and its determinants are cointegrated in the long run. The import demand with respect to expenditure components is inelastic in...
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| Format: | Journal Article |
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India Economic Review
2009
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