1997 | OriginalPaper | Chapter
Overseas Demand for ‘Commodity’ Exports
Authors : Professor Alan A. Powell, Christopher W. Murphy
Published in: Inside a Modern Macroeconometric Model
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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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.