Abstract
Basic economic theory suggests that the level of demand for imports of any good for consumption is determined by various factors, though their relative importance may vary from country to country.
As far as coffee is concerned, it is believed that factors such as its own prices, prices of its close substitutes, i.e. tea, real income, population, price elasticity, income elasticity, change in the consumer's proference do determine the level of demand for its imports in any country. Based on the above proposition the study aims at building appropriate import demand models for analysing the pattern of imports of coffee for consumption in different countries. Countries considered for the study are - USA, UK, Australia, Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden and Switzerland.
Get full access to this article
View all access options for this article.