@article{Das:200185,
      recid = {200185},
      author = {Das, Narayan Chandra},
      title = {EXPORT DEMAND FUNCTION FOR BANGLADESH'S TEA},
      journal = {Bangladesh Journal of Agricultural Economics},
      address = {2006-12-31},
      number = {454-2016-36548},
      series = {XXIX},
      pages = {18},
      month = {Dec},
      year = {2006},
      abstract = {This paper investigates the existence of long run export  demand function for Bangladesh's tea and tests for three  conditions of small country assumption, namely, one to one  relation between export price of tea and price substitute  goods in the world market, infinitely own price elasticity  of export demand, and no significant effect of world income  on tea export. For this purpose an inverse demand function  (price dependent) is estimated using two-step Engle-Granger  Procedure proposed by Engle and Granger (1987) and a third  step of the Engle-Granger Procedure proposed by Engle and  Yoo (1991). It has been found that there exists long-run  export demand function (inverse) for Bangladesh's tea.  There also exists short run Error Correction Model (ECM).  The results suggest that none of the three conditions of  small country assumption can be rejected. This is evident  both from long run model and short run ECM. Earlier study  found that price elasticity of export demand for tea is  zero which suggests that Bangladesh can impose export tax  on tea to maximize revenue earnings from tea exports. The  finding of the present study rules out such a policy of  export tax.},
      url = {http://ageconsearch.umn.edu/record/200185},
      doi = {https://doi.org/10.22004/ag.econ.200185},
}