Inflation, Income, and Resource Rents: Unpacking Macroeconomic Drivers of Import Demand via Fixed Effects Modeling

DOI

10.2991/978-94-6463-888-2_61How to use a DOI?

Keywords

International Trade; Macroeconomic Indicators; Imports Determinants; Fixed Effects Regression

Abstract

This study explores the factors influencing a country’s imports of goods and services using panel data from 30 countries spanning 2009–2018. Employing a fixed-effects regression model, the study examines the impacts of inflation, per capita adjusted net national income, natural resource rents, and labor force on imports. Results show that inflation, income, and labor force have positive impacts on imports, while natural resource rents have a negative effect. These findings highlight the complex links between economic conditions and trade, offering insights for policymakers to better understand the drivers of import demand.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yihuan Yang
AU  - Haoyue Liu
PY  - 2025
DA  - 2025/12/03
TI  - Inflation, Income, and Resource Rents: Unpacking Macroeconomic Drivers of Import Demand via Fixed Effects Modeling
BT  - Proceedings of the 2025 7th International Conference on Economic Management and Cultural Industry (ICEMCI 2025)
PB  - Atlantis Press
SP  - 631
EP  - 638
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-888-2_61
DO  - 10.2991/978-94-6463-888-2_61
ID  - Yang2025
ER  -