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PRICE COMPETITION IN THE JAPANESE WOOL TEXTILE INDUSTRY
Author(s) -
Byron R.P.
Publication year - 1965
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1965.tb00336.x
Subject(s) - wool , textile , consumption (sociology) , competition (biology) , textile industry , economics , substitution (logic) , work (physics) , commerce , agricultural economics , industrial organization , engineering , computer science , ecology , archaeology , biology , history , programming language , social science , sociology , mechanical engineering
Although much work has been done on the long‐term income and substitution effects on wool consumption, little information is available on the short‐term price effects in any wool market. The aim of this paper is to introduce the latter topic for consideration using a model of the Japanese wool textile market.