This paper investigates the behaviour of Indian aggregate imports during the period 1971-1995. In our empirical analysis of the aggregate import demand function for India, cointegration and error correction modelling approaches have been used. In the aggregate import demand function for India, import volume is found to be cointegrated with relative import price and real GDP. Our econometric est...

There is a considerable amount of controversy about the model(s) of comparative advantage and its applicability to international business, in particular as a guide to the success of nations and/or firms in international markets. This perception (or understanding) of inapplicability of the model(s) of comparative advantage has lead international business experts to develop new models, or what ma...

abstract this study uses gravity model to examine the most important determinants of was agricultural trade. to this aim, import and export statistics of iran agricultural products for the period 1380 to 1387 was provided from iran customs organization and other information was obtained from different internet bases. random effects estimating and hausman test ratio result in fixed effects model...

one of the most important duties of government in public health sector is to provide secured sources for medicines supply. there are some regulations for domestic pharmaceutical industry. in addition, there is a discipline for importing medicine to be ensured about their claimed characteristics. in medicines registration process, moh (fdo in iran) assess ‘safety’, ‘quality’ and ‘efficacy’ of me...

In this article, real exchange rate behavior and its effects on macroeconomic variables are studied by explaining two models; impulse function and forecasting predicted error decomposition. Studies show that high artificial currency value has caused domestic and foreign accounts equilibrium disturbance and foreign income decrease due to the slackening of commercial and agricultural activities, ...

Being competitive in the international agri-food trade is an important aim of every country. It should be noted that this term has neither a commonly accepted definition nor synthetized index to quantify it. The most used indices literature are Balassa and its modified versions (revealed advantage, revealed competitiveness, normalized comparative symmetric advantage) different export and/or imp...