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A production approach based on the translog cost function is used to analyze import demand for wheat differentiated by class and country of origin in the Japanese wheat flour milling industry. Results indicate that US wheat faces strong competition in the Japanese wheat market, but its multiple...
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India is the largest producer and importer of pulses in the world. Since 1970, the Indian food economy has undergone major policy reforms, including trade liberalisation, that had the effect of opening up its domestic pulse market to international trade. This market is very lucrative and of...
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Although a relatively small producer, Australia exports but about 90% of its cotton production, making it the third largest cotton exporter. This means that export performance plays a major role in determining the profitability of the Australian cotton industry. The primary aim was to determine...
Persistent link: https://www.econbiz.de/10005476547
We develop a structural econometric model of import demand for Pakistan, with binding foreign exchange constraint. ARDL and DOLS techniques are used to estimate the log-run coefficients of price and income elasticities. The empirical results from ARDL bound testing approach and Johansen’s...
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