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dc.contributor.authorScott, W. G.
dc.date.accessioned2010-12-14T00:24:49Z
dc.date.available2010-12-14T00:24:49Z
dc.date.issued1974
dc.identifier.urihttps://hdl.handle.net/10182/3024
dc.description.abstractThe thesis investigates world demand for wool and wool textiles over the period 1953 - 1967. A deterministic process model comprising a series of eight linear equations and three identities traces demand from the consumer through all intermediate stages to demand for raw wool at the mill level. The variables exogenous to the system were national income, population, percentage annual change in world imports and exports, and wool and synthetic prices. The model was used to forecast mill consumption of raw wool from 1968 - 1980. Results indicated that if wool becomes more expensive than synthetics, mill consumption of raw wool could stagnate or even decline. A higher annual percentage increase in world trade is seen to induce higher levels of mill consumption of raw wool, all other things being equal. The conclusion reached from this study is that wool must be marketed as an industrial fibre rather than as a traditional agricultural commodity if competition from synthetics is to be met effectively.en
dc.language.isoenen
dc.publisherLincoln College, University of Canterburyen
dc.rights.urihttps://researcharchive.lincoln.ac.nz/page/rights
dc.subjectwool industryen
dc.subjectmill consumptionen
dc.subjectwool textile marketen
dc.subjectcompetitionen
dc.subjectdemanden
dc.subjectmodellingen
dc.subjectforecastingen
dc.subjectmarketingen
dc.titleA model of the world wool textile marketen
dc.typeThesisen
thesis.degree.grantorUniversity of Canterburyen
thesis.degree.levelMastersen
thesis.degree.nameMaster of Agricultural Scienceen
lu.thesis.supervisorPhilpott, B. P.
lu.thesis.supervisorMcCarthy, W. O.
lu.contributor.unitDepartment of Accounting, Economics and Financeen
dc.rights.accessRightsDigital thesis can be viewed by current staff and students of Lincoln University only. Print copy available for reading in Lincoln University Library. May be available through inter-library loan.en
dc.subject.anzsrc140303 Economic Models and Forecastingen
dc.subject.anzsrc140201 Agricultural Economicsen


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