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Export Demand for Australian Dairy Food in Thailand

Gunawardana, Pemasiri and Havrila, Inka and Khorchurklang, Sukij (2008) Export Demand for Australian Dairy Food in Thailand. European Journal of Management, 8 (1). pp. 110-119. ISSN 155-4015

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Abstract

Econometric models of export demand for Australian dairy food (milk dry and butter) are developed and estimated in this paper using unrestricted error correction modelling procedure and data for the period 19752000. The findings indicate that, in the short run As well as in the long run, export demand for Australian milk dry and butter in Thailand decreases when Australia's export price relative to that of competing countries increases. The estimated long run relative price elasticity of export demand for Australian milk dry and butter in Thailand are, -2.75 and -1.13, respectively. Export demand for Australian butter in Thailand declines when the Thai baht depreciates against the Australian dollar, and the estimated long run exchange rate elasticity of demand is -6.34

Item Type: Article
Uncontrolled Keywords: ResPubID15284. Thailand, Australia, export demand, dairy food
Subjects: Faculty/School/Research Centre/Department > School of Economics and Finance
FOR Classification > 1402 Applied Economics
SEO Classification > 9103 International Trade
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Depositing User: VUIR
Date Deposited: 30 Jan 2012 02:37
Last Modified: 30 Jan 2012 02:37
URI: http://vuir.vu.edu.au/id/eprint/3694
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