Import elasticity of tea: a case of Pakistan
AbstractPakistan is second largest importer of tea. It is based on the fact that negligible part of the consumption of tea is produced domestically. The import analysis of tea is significant to check the import bill. The paper empirically investigated the determinants of import of tea using annual time series data for the years 1977-2009 at the national level. We find that import of tea is positively influenced by GDP, domestic tea consumption and human population. While the domestic price of the tea and import duty on tea negatively impacts the import of tea. The findings indicate that import of tea cannot be significantly controlled by adjusting the variables of domestic price and import duty on tea. The point to the need for the policy makers is to decrease the import bill by changing the consumption behavior of the people and introducing the substitutes of tea which are domestically available.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 34793.
Date of creation: 2011
Date of revision:
Imports; Pakistan; Tea; International Trade;
Find related papers by JEL classification:
- P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-12-13 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sarmad, Khwaja, 1989. "The determinants of import demand in Pakistan," World Development, Elsevier, vol. 17(10), pages 1619-1625, October.
- Bergtold, Jason S. & Akobundu, Eberechukwu & Peterson, Everett B., 2004.
"The FAST Method: Estimating Unconditional Demand Elasticities for Processed Foods in the Presence of Fixed Effects,"
Journal of Agricultural and Resource Economics,
Western Agricultural Economics Association, vol. 29(02), August.
- Bergtold, Jason S. & Akobundu, Eberechukwu & Peterson, Everett B., 2003. "The Fast Method: Estimating Unconditional Demand Elasticities For Processed Food In The Presence Of Fixed Effects," 2003 Annual meeting, July 27-30, Montreal, Canada 21893, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Dipendra Sinha, 1997. "An aggregate import demand function for Pakistan," Atlantic Economic Journal, International Atlantic Economic Society, vol. 25(1), pages 114-114, March.
- Schmitz, Troy G. & Seale, James L., Jr., 2002.
"Import Demand For Disaggregated Fresh Fruits In Japan,"
Journal of Agricultural and Applied Economics,
Southern Agricultural Economics Association, vol. 34(03), December.
- Schmitz, Troy G. & Seale, James L., Jr., 2002. "Import Demand for Disaggregated Fresh Fruits in Japan," Technical Papers 15639, University of Florida, International Agricultural Trade and Policy Center.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.