Import Demand for Forest-Based Products

N. Chatterjee

Foreign Trade Review, 1977, vol. 11, issue 4, 385-402

Abstract: Forest-based exports, particular~y the non-coniferous primary and semi-manufactured products from the tropical countries, have grown rapidly during the past two decades or so. Exports from India have not, however, kept pace. Among other causes, this has also been due to a lack of proper market and product identification. Detailed market studies being an expensive proposition, there is merit in a preliminary selection of countries and commodities on some broad-based and analtytically inexpensive criteria, to be followed by further research work. Since price and income eiasticities are good indicators of import market demand, these are determined here for several advanced countries and various forest-based products. A hypothesised behavioural relationship is first developed and the results are discussed. The potential of Japan as a possible market for forest-based exports from India is confirmed, and France and Italy also emerge as possessing much promise. Despite past ties, neither UK nor USA appears to be the ideal choice for the purpose.

Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:sae:fortra:v:11:y:1977:i:4:p:385-402

DOI: 10.1177/0015732515770405

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