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The purpose of this study is to estimate an import demand and export supply function for Côte d'Ivoire. The econometric estimation was performed using the ARDL model on annual data from the World Bank database from 1985 to 2021. The results show that real income is a very important factor in the import demand and export supply of Côte d'Ivoire because in the short run, an increase in real income leads to a more than proportional increase in imports and exports from Côte d'Ivoire. In the long run, real income appears inelastic to import demand and export supply. Relative prices are inelastic to…mehr

Produktbeschreibung
The purpose of this study is to estimate an import demand and export supply function for Côte d'Ivoire. The econometric estimation was performed using the ARDL model on annual data from the World Bank database from 1985 to 2021. The results show that real income is a very important factor in the import demand and export supply of Côte d'Ivoire because in the short run, an increase in real income leads to a more than proportional increase in imports and exports from Côte d'Ivoire. In the long run, real income appears inelastic to import demand and export supply. Relative prices are inelastic to import demand and export supply in the short and long run. However, a rise in relative prices disadvantages imports and favors exports from Côte d'Ivoire. We recommend that Côte d'Ivoire's policymakers encourage and promote Ivorian exports and promote import demand for capital goods for the agribusiness industry.
Autorenporträt
Delva NGUALA FAPONG is of Cameroonian nationality, she is a master student in Big Data and BI at the University of Paris 13. Also, she obtained a degree in Applied Mathematics in 2020 at the University of Yaoundé I and she holds a degree in Statistical Engineering. The author is also passionate about Data Science.