PRICE AND QUALITY COMPONENTS OF IMPORTS OF FOOD-PRODUCTS INTO THE UK

Citation
Vn. Balasubramanyam et Ma. Salisu, PRICE AND QUALITY COMPONENTS OF IMPORTS OF FOOD-PRODUCTS INTO THE UK, Applied economics, 28(10), 1996, pp. 1225-1233
Citations number
17
Categorie Soggetti
Economics
Journal title
ISSN journal
00036846
Volume
28
Issue
10
Year of publication
1996
Pages
1225 - 1233
Database
ISI
SICI code
0003-6846(1996)28:10<1225:PAQCOI>2.0.ZU;2-P
Abstract
This paper analyses the principal factors responsible for the growth i n the value of imports of the UK food sector, during the period 1985-9 0. On the basis of estimates of translog multilateral price indices it assesses the relative contribution of changes in the quality of impor ted products and factors other than quality to growth in import values of food products. The main conclusion is that growth in quality appea rs to be the principal reason for the growth in unit values of imports and the trade deficit incurred by the food manufacturing sector.