Abstract
Purpose: To build a model that explains the determinants of Australia’s import demand, and to observe the predictions of this model by exposing it to various exogenous shocks.
Originality: The approach is a vector error correction mechanism that has not been performed on Australian data to construct an import demand function. Export swill be included as an explanatory variable to establish this function for imports.
| Original language | English |
|---|---|
| Pages (from-to) | 48 |
| Number of pages | 1 |
| Journal | Expo 2012 Higher Degree Research : book of abstracts |
| Publication status | Published - 2012 |
| Event | Higher Degree Research Expo (8th : 2012) - Sydney Duration: 12 Nov 2012 → 13 Nov 2012 |
Keywords
- Import Demand
- Vector Autoregression (VAR)
- Vector Error Correction Mechanism (VECM)
- Macroeconometrics
- Australia