AI Summary & Key Takeaways
AI InsightTurkey's import demand for dairy products were influenced mostly by GNP per capita, domestic prices and Turkish Lira-US Dollar exchange rate.
📌 3 Key Takeaways
Abstract
This study analyzes the impacts of economic factors on import demand for dairy products. The import demand pattern for dairy products in Turkey is influenced by changes in the world's dairy products market and government livestock programs and policies. Turkey's import demand for dairy products is specified as a function of domestic prices, GNP (Gross National Product) per capita, lagged imports, Turkish Lira-US Dollar exchange rate and trend factor. Regression analysis was employed to estimate equation parameters. Analysis was based on annual data for 1982-1997. Turkey's import demand for dairy products were influenced mostly by GNP per capita, domestic prices and Turkish Lira-US Dollar exchange rate.
Özet
This study analyzes the impacts of economic factors on import demand for dairy products. The import demand pattern for dairy products in Turkey is influenced by changes in the world's dairy products market and government livestock programs and policies. Turkey's import demand for dairy products is specified as a function of domestic prices, GNP (Gross National Product) per capita, lagged imports, Turkish Lira-US Dollar exchange rate and trend factor. Regression analysis was employed to estimate equation parameters. Analysis was based on annual data for 1982-1997. Turkey's import demand for dairy products were influenced mostly by GNP per capita, domestic prices and Turkish Lira-US Dollar exchange rate.