Back to Search
Start Over
TRADE LIBERALIZATION AND IMPORT-DEMAND BEHAVIOR IN BANGLADESH, 1974-2008.
- Source :
-
Journal of Developing Areas . Fall2013, Vol. 47 Issue 2, p387-416. 31p. 8 Charts, 5 Graphs. - Publication Year :
- 2013
-
Abstract
- From the early 1980s onwards, Bangladesh has undertaken a series of trade-liberalization measures. In combination with the steady rise in real income over the past two-and a half decades, these measures have raised the country's import-orientation and brought structural change in the composition of imports in favor of consumer goods and materials for consumption. This paper investigates import-demand behavior in Bangladesh within the Autoregressive-Distributed-Lag (ARDL) modeling framework using annual data for the period 1974-2008. The empirical results suggest the presence of a well-behaved import-demand function, in the senses that (1) Bangladesh's imports are income-elastic and price-inelastic and (2) there is no evidence of instability in the Bangladesh import-demand relationship. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0022037X
- Volume :
- 47
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Journal of Developing Areas
- Publication Type :
- Academic Journal
- Accession number :
- 89484645
- Full Text :
- https://doi.org/10.1353/jda.2013.0022