EXPORT SUPPLY RESPONSE OF THE AUSTRALIAN CITRUS INDUSTRY

P.J. Gunawardana, Habtom Kidane and N. Kulendran

Australian Journal of Agricultural Economics, 1995, vol. 39, issue 3, 15

Abstract: 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.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22676

DOI: 10.22004/ag.econ.22676

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