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Import demand with domestic price endogeneity : the South African case
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| Format: | Thesis |
| Language: | English |
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School of Economics
2014
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| _version_ | 1867613672279375872 |
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| access_status_str | Open Access |
| author | Ramkolowan, Yash |
| author_browse | Ramkolowan, Yash |
| author_facet | Ramkolowan, Yash |
| author_sort | Ramkolowan, Yash |
| collection | Thesis |
| description | Word processed copy. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/5708 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:39:52.221Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/5708 Import demand with domestic price endogeneity : the South African case Ramkolowan, Yash Economics Word processed copy. Includes bibliographical references. This paper uses the imperfect substitutes model to derive an import demand function. However, here domestic prices are endogenised within a simultaneous framework in order to assess the full effect of a currency depreciation. The Johansen multivariate cointegration approach is used to estimate the import demand model as it accounts for nonstationary data and allows simultaneity between the variables. Prior to its use, the "small country assumption", which allows for import price exogeneity, is tested for South Africa. Two di ffering tests indicate that this assumption holds although further exploration reveals that there is scope to clarify the issue. Ultimately the paper shows that import price elasticities generally found in import demand curves (stemming from the elasticities approach) may significantly overstate the effect of an exchange rate depreciation on the trade balance. 2014-07-31T12:22:09Z 2014-07-31T12:22:09Z 2006 Master Thesis Masters MCom http://hdl.handle.net/11427/5708 eng application/pdf School of Economics Faculty of Commerce University of Cape Town |
| spellingShingle | Economics Ramkolowan, Yash Import demand with domestic price endogeneity : the South African case |
| thesis_degree_str | Master's |
| title | Import demand with domestic price endogeneity : the South African case |
| title_full | Import demand with domestic price endogeneity : the South African case |
| title_fullStr | Import demand with domestic price endogeneity : the South African case |
| title_full_unstemmed | Import demand with domestic price endogeneity : the South African case |
| title_short | Import demand with domestic price endogeneity : the South African case |
| title_sort | import demand with domestic price endogeneity the south african case |
| topic | Economics |
| url | http://hdl.handle.net/11427/5708 |
| work_keys_str_mv | AT ramkolowanyash importdemandwithdomesticpriceendogeneitythesouthafricancase |