An Import demand function for the Australian economy using vector autoregression techniques

Research output: Contribution to journalMeeting abstractResearch

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.

Fingerprint

Vector autoregression
Demand function
Import demand
Prediction
Error correction mechanism
Exogenous shocks
Import
Vector error correction

Keywords

  • Import Demand
  • Vector Autoregression (VAR)
  • Vector Error Correction Mechanism (VECM)
  • Macroeconometrics
  • Australia

Cite this

@article{03b4e02982884eb083b753810f3a30ff,
title = "An Import demand function for the Australian economy using vector autoregression techniques",
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.",
keywords = "Import Demand, Vector Autoregression (VAR), Vector Error Correction Mechanism (VECM), Macroeconometrics, Australia",
author = "Prashan Karunaratne",
year = "2012",
language = "English",
pages = "48",
journal = "Expo 2012 Higher Degree Research : book of abstracts",
issn = "1837-9214",
publisher = "Faculty of Business and Economics, Macquarie University",

}

TY - JOUR

T1 - An Import demand function for the Australian economy using vector autoregression techniques

AU - Karunaratne, Prashan

PY - 2012

Y1 - 2012

N2 - 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.

AB - 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.

KW - Import Demand

KW - Vector Autoregression (VAR)

KW - Vector Error Correction Mechanism (VECM)

KW - Macroeconometrics

KW - Australia

M3 - Meeting abstract

SP - 48

JO - Expo 2012 Higher Degree Research : book of abstracts

T2 - Expo 2012 Higher Degree Research : book of abstracts

JF - Expo 2012 Higher Degree Research : book of abstracts

SN - 1837-9214

ER -