Tariff endogeneity: effects of export price of desiccated coconuts on edible oil market in Sri Lanka

Jayalath, K.V.N.N.; Weerahewa, Jeevika

doi:10.4038/tar.v25i4.8066

Cited by 2 publications

(2 citation statements)

References 6 publications

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“…Therefore, the value of 0.1 is used as is common practice in other work (Zhao, 1999;Mounter et al, 2005;Henderson et al, 2006;Mounter et al, 2008). Other parameters were obtained from previous empirical estimates (Samarajeewa et al, 2002;Samarajeewa, 2002aSamarajeewa, , 2002bJayalath and Weerahewa, 2014). The selected parameter values are given in Table 3.…”

Section: Methodology and Datamentioning

confidence: 99%

Trade as an Option for Managing the Impacts of Supply Risks in Coconut Production: Importation of Dehusked Coconuts, Copra and Kernel

Farquharson

Pathiraja

Griffith

et al. 2018

Sri Lankan J Agric Econ

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The Sri Lankan coconut industry is facing intense competition due to increasing demand from local consumption and export processing while fresh nut production is stagnating. The situation is aggravated during weather extremes especially with prolonged droughts. The recent prolonged drought of nearly two years was the cause for temporary closure of processing industries and soaring nut prices. It may take more than a year to re-establish normal yield even with the onset of rainfall in October. Therefore, importation of coconuts as a strategy was explored in this study. An Equilibrium Displacement Model (EDM) was used to quantify the possible economic impact and its distribution among industry stakeholders. The results indicated that allowing imports is economically viable for the processing industries to recover their losses. Under the simulated scenarios where input substitution is a policy condition to be zero, reducing the costs of processing of desiccated coconut through fresh nut importation reduces the losses to the processors and exporters from 15.5 LKR million per year to about 5.5 LKR million per year. Consumers of desiccated coconut exports are also better off by around 45 LKR million under the above scenario of a price reduction of fresh nuts from 43 LKR to 32 LKR. However, still there are concerns for the existence of markets produced from foreign material and export substitution. Moreover, the compliance with the quarantine regulations especially for the risk of pest and disease outbreaks remains unresolved. Therefore, dehusked-coconut importation is still not an option for a severe coconut shortage while other semi-processed products may remain potential alternatives.

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Section: Methodology and Datamentioning

confidence: 99%

Trade as an Option for Managing the Impacts of Supply Risks in Coconut Production: Importation of Dehusked Coconuts, Copra and Kernel

Farquharson

Pathiraja

Griffith

et al. 2018

Sri Lankan J Agric Econ

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“…In Thailand, VCO has increased from three at the beginning to more than 100 at present (Narong 2011). Around 95 percent of the desiccated coconut produced in Sri Lanka is exported (Jayalath and Weerahewa 2014). As long as the demand for coconut oil is not feasible so far, coconut growers have to diversify into these products.…”

Section: Introductionmentioning

confidence: 99%

What Factors Influencing Export Quantity for Indonesian and Philippine Coconut Oil

Tanago

Kaluge

2019

jesp

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The coconut oil as main product of coconut is not competitive anymore compared to palm oil. Indonesia and Philippines are two top producers of coconut. This paper studies whether the price of coconut oil, the price of crude palm oil, the price of virgin olive oil, and gross domestic product influence the quantity export for Indonesian and Philippines coconut oil. Using multiple linear regression, the results indicate that in the Philippines the variables used in the study (price of coconut oil, price of crude palm oil, price of virgin olive oil and Philippines' GDP) have no significant impact on export quantity for Philippines. While coconut oil export quantity for Indonesia is significantly influenced by Indonesia's GDP.

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Tariff endogeneity: effects of export price of desiccated coconuts on edible oil market in Sri Lanka

Cited by 2 publications

References 6 publications

Trade as an Option for Managing the Impacts of Supply Risks in Coconut Production: Importation of Dehusked Coconuts, Copra and Kernel

Trade as an Option for Managing the Impacts of Supply Risks in Coconut Production: Importation of Dehusked Coconuts, Copra and Kernel

What Factors Influencing Export Quantity for Indonesian and Philippine Coconut Oil

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