شعار جامعة الزرقاء

إسم البحث
Jordanian Imports: Income and Price Elasticity of Demand
مكان الإنعقاد
Zarqa University
تاريخ النشر
2023.04.04
الملخص
This study aimed to recognize both the short and long term models of the aggre-gate import demand for commodity in Jordan. Thus, to determine the impact of changes in price and income on the import demand, and so, it was estimated us-ing the Autoregressive Distributed Lag model. However, the results indicated that there is an import demand of low price elasticity in the short and long term. Whereas, the income elasticity is greater than 1, namely, it is elastic in the short-term but with low elasticity in the long term. Meanwhile, the received elasticities pointed out to useful information for the decision-maker and for future research in Jordan as well as other developing countries regarding import demand.