Understanding crude oil import demand behaviour in Africa: The Ghana case
As in many African countries, crude oil importation is a major drain on the economy of Ghana. We estimate short-run and long-run import demand models for crude oil using data over the period 1980–2012. Results show that demand for crude oil is price inelastic in the short-run but elastic in the long...
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| Format: | Article |
| Language: | English |
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Atlantis Press
2018-02-01
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| Series: | Journal of African Trade |
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| Online Access: | https://www.atlantis-press.com/article/125905679/view |