Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and emerging economies cannot be automatically applied to poorer nations. This paper uses a large database, unique in the set of indicators and...

We survey recent literature on the causes of the collapse in international trade during the 2008–2009 global recession. We argue that the evidence points to the collapse in aggregate expenditure, concentrated on trade-intensive durable goods, as the main driver of the trade collapse. Inventory...

Domestic tourism has an important role in socio-economic development in several ways including creating jobs and improving income distribution. Although several researches have been done on tourism demand, a small proportion of them have been on domestic tourism. In this paper, the price and...

In the present paper the link between renewable energy generation and imports dynamics is explored in import demand equations. We find that renewable energy generation reduces import growth. Results display a considerable robustness.

This study provides an analysis of imports demand for Iran. It uses time series methods to determine the imports demand. The idea is to capture and account for volatility of real effective exchange rate. The main models are Autoregressive Distributed Lag model and Generalised Autoregressive...

In recent years, China's booming economy has resulted in a rapid growth of its roundwood consumption. China has become the largest roundwood importer worldwide, with annual spending on imports over $10billion and the share in total world exports up to 38%. In this study, a Rotterdam demand...

This article examines the empirical determinants of import demand in oil exporting countries. We show by a panel cointegration analysis that the import demand in these countries depends positively on domestic demand and exports, the real exchange rate and oil prices. While the current account...

Research is devoted to the analysis of the import demand function in Russia. On the basis of the proposed methodology, the econometric model for the full range of imported goods in the last decade (2000–2010) is estimated. Product groups are ranked by the impact of customs duties and the real...

This paper presents empirical evidence supporting the argument that a significant asymmetry exists in the income elasticity of Greek imports. Using multivariate cointegration techniques for the estimation of long-run imports we derive short-run error correction equations that separate income...

The global trade volume of wooden bedroom furniture has reached US$8.33 billion in 2012. China has been the largest exporter and the United States has been the largest importer in this increasingly globalized market. After the trade dispute and intervention between China and the United States in...