Understanding crude oil import demand behaviour in Ghana
G Marbuah - 2014 - mpra.ub.uni-muenchen.de
Crude oil importation is a major drain on the economy of Ghana, yet no study has attempted
to analyse the determinants of crude oil imports. This paper brings to the fore an
understanding of the key drivers of crude oil import demand. Using the autoregressive
distributed lag modelling framework (ARDL), we estimate variant short-run and long-run
import demand models for crude oil using time series data over the period 1980-2012. The
results show that demand for crude oil is price inelastic in both the long and short term. Other …
to analyse the determinants of crude oil imports. This paper brings to the fore an
understanding of the key drivers of crude oil import demand. Using the autoregressive
distributed lag modelling framework (ARDL), we estimate variant short-run and long-run
import demand models for crude oil using time series data over the period 1980-2012. The
results show that demand for crude oil is price inelastic in both the long and short term. Other …
以上显示的是最相近的搜索结果。 查看全部搜索结果