تحليل جزئي لطلب مصر على واردات السلع الوسيطة

Abstract EN

This paper uses disaggregated demand analysis to estimate long-run price and income elasticities of Egypt’s import demand for fourteen industrial intermediate product groups.

It investigates whether the literature finding pertaining to weak response of import demand levels in developing countries with respect to fluctuations in their relative prices applies to the case of Egypt’s demand for intermediate goods imports.

Monthly data for the period 1995:1 – 2007:12 are used, co-integration tests of are conducted; and long-run elasticities are estimated.

Implications of the findings for economic policy toward trade deficit and industrial growth are analyzed.