Featured White Papers
- Tools & Strategies for Expense Management (American Express)
- Enterprise PBX comparison guide (VoIP-News)
- Hosted CRM comparison guide (Inside CRM)
Business Services Industry
The European market for ASEAN agricultural exports: estimates of income and price elasticities.(Brief Article)
ASEAN Economic Bulletin, December, 2004 by Niemi, Jyrki
 | Content provided in partnership with |  |
This article provides new evidence on income and price elasticities of demand for agricultural exports from ASEAN countries. Econometric models are constructed for seven agricultural commodities--cassava, cocoa, coconut oil, palm oil, pepper, rubber, and tea--exported from ASEAN to the EU. A modelling approach based on the error correction mechanism is used in order to emphasize the importance of the dynamics of trade functions.
The results indicate that there is a relatively weak demand response to income and price changes in the EU. However, the results also suggest that relative-price ...
Read the rest of this article with a Free Trial at HighBeam Research.