Research Repository

Australia's import demand for clothing products: determinants and elasticities

Havrila, Inka and Gunawardana, Pemasiri (2009) Australia's import demand for clothing products: determinants and elasticities. International Journal of Business Research, 9 (1). pp. 26-35. ISSN 1555-1296

Full text for this resource is not available from the Research Repository.

Abstract

In this paper a model of Australia's import demand for clothing products is developed and estimated. The results show that, in the short-run, price of imports relative to domestic price of clothing and Australia's real income are the significant determinants of import demand. In the long run the significant determinants of import demand are relative price of imports, Australia's real income, and effective rate of assistance to Australia's clothing industries. The long run elasticity estimates indicate that a one percent increase in real income is associated with 2.58 per cent increase, a one per cent increase in the relative price results in a 0.41 per cent decline, and a one per cent decrease in the effective rate of assistance leads to 0.22 per cent increase in import demand for clothing products

Item Type: Article
Uncontrolled Keywords: ResPubID17222. Australia, import, clothing products
Subjects: Faculty/School/Research Centre/Department > School of Economics and Finance
FOR Classification > 1402 Applied Economics
SEO Classification > 9103 International Trade
Related URLs:
Depositing User: VUIR
Date Deposited: 13 Oct 2011 04:37
Last Modified: 16 Jul 2012 03:58
URI: http://vuir.vu.edu.au/id/eprint/4329
ePrint Statistics: View download statistics for this item

Repository staff only

View Item View Item

Search Google Scholar