Overseas Demand for ‘Commodity’ Exports
There are two sources of demand for ‘commodity’ exports: final demand by foreigners, and temporary demand at home for stock building. The former is treated in the present chapter; the latter in Chapter 17. Notation for the overseas demand equation for Australian ‘commodity’ exports is given in Tables 16.1.1 and 16.1.2. The latter also includes estimated parameters.
KeywordsExport Price Nominal Exchange Rate Demand Equation Stock Building Balance Growth Path
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- 16.Jilek, Johnson and Taplin (1993), pp. 9–13.Google Scholar