Year: 1995
Type: article
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.
Authors: P.J. Gunawardana, Habtom Kidane, N. Kulendran
Institutions: Victoria University, Charles Sturt University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W2052280368