Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation
The aim of this research is to identify the behaviour of export, import and domestic commodities demand in liberalization era both in the long run and the short run. This research applies the Vector Error Correction Model, Johansen Cointegration Test, Impulse Response Analysis and Granger Causality...
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2011-09-01
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| Series: | Economic Journal of Emerging Markets |
| Online Access: | https://www.hmj.accounting.uii.ac.id/JEP/article/view/2274 |
| _version_ | 1818533207723737088 |
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| author | Andi Irawan |
| author_facet | Andi Irawan |
| author_sort | Andi Irawan |
| collection | DOAJ |
| description | The aim of this research is to identify the behaviour of export, import and domestic commodities
demand in liberalization era both in the long run and the short run. This research
applies the Vector Error Correction Model, Johansen Cointegration Test, Impulse Response
Analysis and Granger Causality Test. The data range from 1993:01 to 2002:12. The result
shows that in the long run the cross-price elasticity of imported non agricultural goods with
respect to demand for domestically produced goods have lower magnitudes than own price
elasticity of domestically produced goods. The demand elasticity of import commodities is
elastic but that of domestic commodities is inelastic.
Keywords: Import, Export, Economic Liberalization, Vector Error Correction Model |
| first_indexed | 2024-12-11T17:55:39Z |
| format | Article |
| id | doaj.art-ccfdf85e110241af8a1497584efaa428 |
| institution | Directory Open Access Journal |
| issn | 2086-3128 2502-180X |
| language | English |
| last_indexed | 2024-12-11T17:55:39Z |
| publishDate | 2011-09-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Economic Journal of Emerging Markets |
| spelling | doaj.art-ccfdf85e110241af8a1497584efaa4282022-12-22T00:56:05ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2011-09-0112Indonesia Export, Import, and Demand for Domestic Commodities under Economics LiberalisationAndi IrawanThe aim of this research is to identify the behaviour of export, import and domestic commodities demand in liberalization era both in the long run and the short run. This research applies the Vector Error Correction Model, Johansen Cointegration Test, Impulse Response Analysis and Granger Causality Test. The data range from 1993:01 to 2002:12. The result shows that in the long run the cross-price elasticity of imported non agricultural goods with respect to demand for domestically produced goods have lower magnitudes than own price elasticity of domestically produced goods. The demand elasticity of import commodities is elastic but that of domestic commodities is inelastic. Keywords: Import, Export, Economic Liberalization, Vector Error Correction Modelhttps://www.hmj.accounting.uii.ac.id/JEP/article/view/2274 |
| spellingShingle | Andi Irawan Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation Economic Journal of Emerging Markets |
| title | Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation |
| title_full | Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation |
| title_fullStr | Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation |
| title_full_unstemmed | Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation |
| title_short | Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation |
| title_sort | indonesia export import and demand for domestic commodities under economics liberalisation |
| url | https://www.hmj.accounting.uii.ac.id/JEP/article/view/2274 |
| work_keys_str_mv | AT andiirawan indonesiaexportimportanddemandfordomesticcommoditiesundereconomicsliberalisation |