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000022499 037__ $$a429-2016-29310
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000022499 041__ $$aen
000022499 245__ $$aSUBSTITUTION BETWEEN WOOLS OF DIFFERENT FIBRE DIAMETER
000022499 260__ $$c1990-04
000022499 269__ $$a1990-04
000022499 300__ $$a11
000022499 336__ $$aJournal Article
000022499 446__ $$aEnglish
000022499 520__ $$aThe extent to which wools with different fibre characteristics can be substituted in textile production and consumption holds implications for Australia's international and domestic marketing policies. An analysis of price-induced substitution between Australian wools of different fibre diameters was conducted. Fibre diameter was used to parameterise cross-price relationships in order to estimate a system of demand equations for wools by diameter class. The results indicate that direct substitution takes place within a very limited range of fibre diameters. The use of product characteristics to parameterise price relationships may be extended to other graded commodities.
000022499 650__ $$aCrop Production/Industries
000022499 700__ $$aBeare, Stephen
000022499 700__ $$aMeshios, Helen
000022499 773__ $$dApril 1990$$jVolume 34$$kNumber 1$$o66$$q56$$tAustralian Journal of Agricultural Economics
000022499 8564_ $$s577846$$uhttp://ageconsearch.umn.edu/record/22499/files/34010056.pdf
000022499 887__ $$ahttp://purl.umn.edu/22499
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  Previous issue date: 1990-04
000022499 982__ $$gAustralian Journal of Agricultural Economics>Volume 34, Number 01, April 1990
000022499 980__ $$a429