期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2013
卷号：1
出版社：Monash University
摘要：This study extends the analytical framework for the specification of import demand behaviour from the conventional partial equilibrium to a general equilibrium perspective. This perspective emphasises the macro dimension of import demand and the potential influence of financial factors. Two new structural import demand equations are developed: (1) one specification utilises the macroeconomic income-expenditure relationships in the goods market; and (2) the second specification utilises the portfolio balance approach to capture financial market developments
关键词：Aggregate import demand; General equilibrium perspective; Income-expenditure equilibrium; Portfolio balance
