Arestis, Philip and Driver, Ciaran (1987) 'The effects of income distribution on consumer imports.' Journal of Macroeconomics, 9 (1). pp. 83-94.
Abstract
The aim of this paper is to examine empirically the proposition that disaggregated income is important in determining the imports of consumer goods. An estimable equation is derived and tested using annual data (1962–84). The technique of Autoregressive Generalized Least Squares is used throughout along with tests for statistical bias. The results are supportive of the main hypothesis of the paper that income distribution exerts a powerful and statistically significant influence on the imports of consumer durables. Finally, the implications of income distribution on the balance of payments are discussed.
| Item Type: | Journal Article |
|---|---|
| SOAS Departments & Centres: | Departments and Subunits > School of Finance & Management Legacy Departments > Faculty of Law and Social Sciences > School of Finance and Management |
| ISSN: | 01640704 |
| DOI (Digital Object Identifier): | https://doi.org/10.1016/S0164-0704(87)80008-3 |
| Date Deposited: | 15 Aug 2015 16:13 |
| URI: | https://eprints.soas.ac.uk/id/eprint/20527 |
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