In this article, demand equations for import of consumer, intermediate and capital goods for the period 1971(2) to 1999(1), is estimated and analyzed, using the ARDL Pesaran & Shin method. The results show that the behavior of the different categories of imported goods in Iran is best explained by the parallel market exchange rate, implying this rate is a closer approximation fir the opportunity cost of Importers, despite their access to foreign exchange at official or controlled rates.
(2002). ARDL Approach to the Demand for Disaggregate Imports: the case of Iran. Iranian Economic Review, 7(7), 87-111. doi: 10.22059/ier.2002.30861
MLA
. "ARDL Approach to the Demand for Disaggregate Imports: the case of Iran", Iranian Economic Review, 7, 7, 2002, 87-111. doi: 10.22059/ier.2002.30861
HARVARD
(2002). 'ARDL Approach to the Demand for Disaggregate Imports: the case of Iran', Iranian Economic Review, 7(7), pp. 87-111. doi: 10.22059/ier.2002.30861
VANCOUVER
ARDL Approach to the Demand for Disaggregate Imports: the case of Iran. Iranian Economic Review, 2002; 7(7): 87-111. doi: 10.22059/ier.2002.30861