Are the Determinants of Imports Similar Across Manufactured Products? Evidence from Nigeria

Olubiyi, Ebenezer Adesoji; Olaifa, Felix Gbenga; Akande, Rashidat Sumbola

doi:10.9734/jemt/2019/44943

Cited by 2 publications

(2 citation statements)

References 11 publications

(25 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This empirical finding implies that changes in the exchange rate significantly affect the performance of imports in the ASEAN Economic Community countries. This condition is related to multinational companies operating in these ASEAN countries, whose production components still have to be imported (Olubiyi et al, 2019;Mwangi, 2020;Lubik, 2014).…”

Section: Empirical Findings and Resultsmentioning

confidence: 99%

Determinants of Import in ASEAN Economic Community

Yuliadi,

Basuki,

Ayuningtyaswati

2024

J. Professional Business Review

View full text Add to dashboard Cite

Introduction: Imports are an important component of economic development in developing countries, including in the ASEAN Economic Community. Purpose: The aims of this study to analyze the determinants of import in ASEAN Economic Community. Methodology/Approach: The research method used is panel data analysis from 2010-2019. The research variables include imports as the dependent variable and export variables, exchange rates, population, inflation, GDP and interest rates as independent variables. This study is to analyze the determinants of imports in the economies of ASEAN community countries starting from the results of the Chow test and Hausmen test which compare the static and dynamic fixed effect panel data analysis models. Findings: The results of this study indicate that imports for ASEAN economic community are influenced by the variables of exports, FDI and population. The results of this study also show that imports for ASEAN economic community are a necessity to support their economic development. Originality/Value/Implication: The conclusion and recommendation from this research is that imports are an important component in economic development in ASEAN economic community, so it is necessary to have an integrated policy among ASEAN economic community to build economic cooperation to reduce economic dependence from outside. ASEAN economic community need to improve economic efficiency and international competitiveness to encourage exports of flagship products in international markets.

show abstract

Section: Empirical Findings and Resultsmentioning

confidence: 99%

Determinants of Import in ASEAN Economic Community

Yuliadi,

Basuki,

Ayuningtyaswati

2024

J. Professional Business Review

View full text Add to dashboard Cite

show abstract

“…Another study for Indonesia by Solikin and Nizar (2023) employed the vector autoregressive (VAR) technique and submitted that government revenue and tax revenue significantly and positively affected public spending. Olubiyi and Ibironke (2023) also showed for Nigeria that asymmetric exchange and inflation rates, tax and oil revenue impacted government outlay. Mirovic et al (2023) conducted a study for the Serbian economy using the ARDL model and found that government revenue and inflation rate substantially affect public spending.…”

Section: Empirical Reviewmentioning

confidence: 98%

Revisiting Public Outlay Determinants in African Economies: Fresh Insight from Sustainability Perspectives

Aladejare

2024

Preprint

View full text Add to dashboard Cite

The objective of this study centred on assessing the impact of sustainability in public outlay determination for 26 African countries. For robustness of analyses, the mean group (MG), feasible generalised least squares (FGLS), generalised linear mixed effects model (GLMM), and the novel method of moments quantile regression (MMQREG) techniques were employed on a dataset sourced between 1990 and 2022. Sustainability indicators were decomposed into economic, social, and environmental components. For the economic indicators, while inflation and revenue had adverse effects, the exchange rate accelerated government spending. The social measures demonstrated that urbanisation diminished public expenditure aside from the increasing impacts of human development and population growth. Similarly, the environmental indicators expressed that demand and supply of ecological resources adversely impacted public outlay in contrast to the enhancing effect of food production. Aggregating these effects suggests that, while the economic and environmental factors are mostly diminishing in impact, the social elements are more accelerating on real government spending. Nevertheless, the magnitude of these impacts varies with the existing size of government expenditure in African economies. Consequently, an encompassing rather than a selective preference for sustainability elements matters in government spending determination. JEL Classification: E62, O55, Q01.

show abstract

Are the Determinants of Imports Similar Across Manufactured Products? Evidence from Nigeria

Cited by 2 publications

References 11 publications

Determinants of Import in ASEAN Economic Community

Determinants of Import in ASEAN Economic Community

Revisiting Public Outlay Determinants in African Economies: Fresh Insight from Sustainability Perspectives

Contact Info

Product

Resources

About