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Export Supply Response Of The Australian Citrus Industry

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  • Gunawardana, P.J.
  • Kidane, Habtom
  • Kulendran, N.
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    Abstract

    A model of export supply response of the Australian citrus industry is developed and estimated using cointegration and error correction techniques and quarterly data for the period 1983 to 1993. The estimates suggest that, even in the long run, the supply of citrus exports is inelastic with respect to relative price. The results also show that the adjustment of export supply to changes in relative price is not instantaneous, the domestic production capacity has a significant positive impact on export supply, and export supply in the June quarter in each year is significantly lower than in other quarters.

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    File URL: http://purl.umn.edu/22676
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    Bibliographic Info

    Article provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural Economics.

    Volume (Year): 39 (1995)
    Issue (Month): 03 (December)
    Pages:

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    Handle: RePEc:ags:ajaeau:22676

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    Keywords: Demand and Price Analysis;

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    1. Hylleberg, S. & Engle, R. F. & Granger, C. W. J. & Yoo, B. S., 1990. "Seasonal integration and cointegration," Journal of Econometrics, Elsevier, Elsevier, vol. 44(1-2), pages 215-238.
    2. Phillips, P.C.B., 1986. "Understanding spurious regressions in econometrics," Journal of Econometrics, Elsevier, Elsevier, vol. 33(3), pages 311-340, December.
    3. Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, Econometric Society, vol. 55(2), pages 251-76, March.
    4. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, Elsevier, vol. 2(2), pages 111-120, July.
    5. Koshal, Rajindar K. & Shukla, Vishwa S. & Koirala, Govinda P., 1992. "Demand and supply of Indian exports: A simultaneous equation approach," Journal of Asian Economics, Elsevier, vol. 3(1), pages 73-83.
    6. Goldstein, Morris & Khan, Mohsin S, 1978. "The Supply and Demand for Exports: A Simultaneous Approach," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 275-86, May.
    7. Muscatelli, Vito Antonio & Hurn, A Stan, 1992. " Cointegration and Dynamic Time Series Models," Journal of Economic Surveys, Wiley Blackwell, vol. 6(1), pages 1-43.
    8. P.J. Gunawardana & Habtom Kidane & N. Kulendran, 1995. "Export Supply Response Of The Australian Citrus Industry," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 39(3), pages 247-261, December.
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    Cited by:
    1. Havrila, Inka & Gunawardana, Pemasiri, 2006. "Determinants of Export Supply of the Australian Textiles Industry," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, Queensland University of Technology (QUT), School of Economics and Finance, vol. 36(1-2), pages 45-59, March/Sep.
    2. Gali, Jyothi & Brown, Colin G., 2000. "Analysis Of Integration Between Queensland Feed And Malting Barley Markets," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia, Australian Agricultural and Resource Economics Society 123649, Australian Agricultural and Resource Economics Society.
    3. Khuele, P.R.S. & Darroch, Mark A.G., 1997. "Demand and supply factors in the export of South African fresh oranges to the United Kingdom: 1976-1993," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 36(4), December.

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