|
The primary objective of this paper is to ascertain the existence of a long-run relationship between Algerian’s aggregate import demand and its determinants, real income, real exchange rate, real total reserves, and relative import prices, using recent cointegration approach; namely, the Engel-Granger testing procedure and here are this study results:there are positive and significant relationships between the demand for imports and real income, private consumption, international reserves. On the other hand, there are negative and significant relationships between the demand for imports and the relative price of imports to domestic price and government consumption in the long run, but negative and insignificant relationships in the short run.
|