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Elasticity of demand for Australian cotton in Japan
- Source :
- The Australian Journal of Agricultural and Resource Economics. 46:99-113
- Publication Year :
- 2002
- Publisher :
- Wiley, 2002.
-
Abstract
- Although a relatively small producer, Australia exports more than 90 per cent of its cotton production, making it the world’s third largest cotton exporter in recent years. This means that export performance plays a major role in determining the profitability of the Australian cotton industry. The primary aim of this study was to determine the competitive position of Australian cotton in the Japanese market, based on the original non-linear Almost Ideal Demand System model using data from 1972 to 1998. The main findings are that the USA had a relatively strong market position and that Australia needs to improve its cost competitiveness and quality image to advance its market standing.
- Subjects :
- Price elasticity of demand
Economics and Econometrics
Almost ideal demand system
media_common.quotation_subject
Export performance
Agricultural and Biological Sciences (miscellaneous)
Agricultural economics
Cost competitiveness
Production (economics)
Position (finance)
Quality (business)
Profitability index
Business
health care economics and organizations
media_common
Subjects
Details
- ISSN :
- 14678489 and 1364985X
- Volume :
- 46
- Database :
- OpenAIRE
- Journal :
- The Australian Journal of Agricultural and Resource Economics
- Accession number :
- edsair.doi...........98cd7969ba933665e62b5c9ca0328540