Time-series estimation of import demand functions for pulses in India

Journal of Economic Studies

Volumn 32, Issue 2, 2005, Pages 146-157

  Agbola, Frank W ^a   Damoense, Maylene Y ^b  

^a UNIVERSITY OF NEWCASTLE   (Australia)

^b MONASH UNIVERSITY   (Australia)

Author keywords

Food products; Imports; India; Supply and demand

Indexed keywords

EID: 21544474386     PISSN: 01443585     EISSN: None     Source Type: Journal    
DOI: 10.1108/01443580510600922     Document Type: Article

References (30)

1. Agbola, F.W. (2004), "Agricultural policy reform in India: implications for pulse trade, prices and production: 1970-1999", Agribusiness Perspectives, Paper 63, April 20, available at: www.agrifood.info/10pubperspective2004.htm (accessed 15 July 2004).
2. AGLC (1991), Market Research Visit to India, Bahrain, Dubai, Iran, Turkey, Italy, Sri Lanka and the United States in September/October, Australian Grains Legumes Committee, Melbourne.
3. Apostolakis, B.E. (1991), "Aggregate import demand functions and their dual econometric specification", Singapore Economic Review, Vol. 36, pp. 35-57.
4. Anaman, K.A. and Buffong, S.M. (2001), "Analysis of the determinants of aggregate import demand in Brunei Darussalam from 1964 to 1997", Asian Economic Journal, Vol. 15 No. 1, pp. 61-70.
5. Bollerslev, T. and Wooldridge, J.M. (1992), "Quasi-maximum likelihood estimation and inference in dynamic models with time-varying covariances", Econometric Review, Vol. 11, pp. 143-72.
6. Brouwer, J.B. (1995), Matching Pulse Products to Market Needs: International Collaborative Research - Overseas Travel to India, Pakistan and Nepal, February, Australian Centre for International Agricultural Research, Canberra.
7. Clarida, R. (1994), "Cointegration, aggregate consumption, and the demand for imports: a structural econometric investigation", American Economic Review, Vol. 84, pp. 298-308.
8. DFAT (2001), India: New Economy - Old Economy, Economic Analytical Unit, Department of Foreign Affairs and Trade, Canberra.
9. Dickey, D.A. and Fuller, W.A. (1979), "Distribution of the estimators for autoregressive time series with a unit root", Journal of the American Statistical Association, Vol. 74, pp. 427-31.
10. Engle, R.F. and Granger, C.W.J. (1987), "Co-integration and error correction: representation, estimation, and testing", Econometrica, Vol. 55, pp. 251-76.
11. FAO (2003), FAOSTAT Database, Food and Agricultural Organisation, Rome.
12. IMF (2003), International Financial Statistics CD-Rom Version, IMF, Washington, DC.
13. Johansen, S. (1988), "Statistical analysis of cointegration vectors", Journal of Economic Dynamics and Control, Vol. 12, pp. 231-54.
14. Johansen, S. and Juselius, K. (1990), "Maximum likelihood estimation and inferences on cointegration- with applications to the demand for money", Oxford Bulletin of Economics and Statistics, Vol. 52, pp. 169-210.
15. Kelley, T.G. (1999), Fundamentals of the Indian Sub-Continent Pulse Economy: Long-Term Implications of the Australian Pulse Industry, GRDC Project No. VF35 A.
16. MacKinnon, J.G. (1996), "Numerical distribution for functions for a unit root and cointegration tests", Journal of Applied Econometrics, Vol. 11, pp. 601-18.
17. MacKinnon, J.G., Haug, A.A. and Michelis, L. (1999), "Numerical distribution functions of likelihood ratio tests for cointegration", Journal of Applied Econometrics, Vol. 14, pp. 563-77.
18. Mah, J.S. (2000), "An empirical examination of the disaggregated import demand of Korea-the case of information technology products", Journal of Asian Economics, Vol. 11 No. 1, pp. 237-44.
19. Masih, R. and Masih, A.M.M. (2000), "A reassessment of long-run elasticities of Japanese import demand", Journal of Policy Modelling, Vol. 22 No. 5, pp. 625-39.
20. Newey, W. and West, K. (1994), "Automatic lag selection in covariance matrix estimation", Review of Economic Studies, Vol. 61, pp. 631-53.
21. Ogaki, M. (1992), "Engel law and cointegration", Journal of Political Economy, Vol. 100, pp. 1027-46.
22. Phillips, P.C.B. and Perron, P. (1988), "Testing for a unit root in time-series regression", Biometrika, Vol. 75, pp. 335-46.
23. Price, G.K., Landes, R. and Govindan, A. (2003), "India's pulse sector: results of field research", Electronic Outlook report from the Economic Research Service, WRS-03-01, USDA.
24. Regmi, A. and Dyck, J. (2001), "Effect of urbanisation on global food demand", in Regmi, A. (Ed.), Changing Structure of Global Food Consumption and Trade, Trade Report WRS-01-1, Market and Trade Economics Division, Economic Research Service, USDA.
25. Senhadji, A. (1998), "Time-series estimation of structural import demand equations: a cross-country analysis", IMF Staff Papers, Vol. 45 No. 2, pp. 236-68.
26. Siddique, K.H.M. (1993), "Grain legumes (pulse) markets in the Indian sub-continent: production, consumption and trade, Cooperative Centre for Legume in Mediterranean Agriculture", No. 5, Occasional Publication, Perth.
27. Sinha, D. (1997), "Determinants of import demand in Thailand", International Economic Journal, Vol. 11, pp. 73-83.
28. Stock, J.H. and Watson, M. (1993), "A simple estimator of cointegrating vectors in higher order integrated systems", Econometrica, Vol. 61, pp. 783-820.
29. Thursby, J. and Thursby, M. (1984), "How reliable are simple, single equation specifications of import demand", Review of Economics and Statistics, Vol. 66, pp. 120-8.
30. WTO-I (2002), Trade Policy Reviews - India, World Trade Organisation, Geneva, available at: www.wto.org/english/tratope/tpre/tp195e.htm (accessed 30 April 2003).