EXPORT SUPPLY RESPONSE OF THE AUSTRALIAN CITRUS INDUSTRY

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.


Issue Date:
1995-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22676
Published in:
Australian Journal of Agricultural Economics, Volume 39, Number 3
Page range:
247-261
Total Pages:
15




 Record created 2017-04-01, last modified 2017-08-24

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