Chani, Muhammad Irfan; Chaudhary, Amatul R. - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 6 (2012) 1, pp. 35-52
Pakistan. ARDL bound testing approach to cointegration is used to analyze the long run relationship of import demand, relative … Pakistan. For the analysis of Short Run dynamics, Vector Error Correction Model (VECM) has been used. The results show that all … expenditure components have positive and significant impact on import demand in Pakistan while the effect of relative prices is …