ExportPriceAndVolumeIndicators_v1.0.0.pdf
Resource Name:
ExportPriceAndVolumeIndicators_v1.0.0.pdf
File Size:
1.76 MB
Resource Type:
Pdf Documents
Title:
Agricultural price and volume indicators: concepts, data sources and methods
Series:
Research reports
Series Issue:
19.7
Publication Date:
13/05/2019
Description:
Overview
Australia's agricultural sector is highly export oriented. The value of these exports, and therefore their components, volume and price, are important indicators of farm performance. Rather than just communicating commodity specific developments, there is a policy need to understand developments across industries and sectors.
This paper outlines the recent development of aggregate price and volume indicators for Australian agricultural exports. The development of these indicators is couched in an accounting framework to ensure consistency across multiple levels of aggregation and index frequency.
This paper documents the concepts, sources and methods that have been used to produce the Australian export price and volume indicators.
Key Issues
* This paper introduces new agricultural export price and volume indicators. These indicators cover a gap in the available agricultural export statistics and will provide further insights into Australian agricultural exports.
* The new indicators form an export account and provide disaggregated price and volume indicators across Australian agricultural sectors and industries. The indicators have been compiled on a monthly, quarterly and annual basis.
* The indexes are constructed using the Fisher index formula. The Fisher index was chosen because of its useful economic and statistical properties that allow for decomposition analysis and to provide consistent estimates despite underlining volatility.
Resource URL Description:
0 : Agricultural price and volume indicators: concepts, data sources and methods - Report - PDF [1.8 MB]
1 : Agricultural price and volume indicators: concepts, data sources and methods - Report - MS Word [3.2 MB]
2 : Agricultural price and volume indicators: concepts, data sources and methods - Report - link to the ABARES website - HTML
Publisher:
ABARES : Australian Bureau of Agricultural and Resource Economics and Sciences : Department of Agriculture
Author:
ZAMMIT Kirk
BOULT Christopher
ZHAO Shiji
CAO Liangyue
Right Management:
Use constraints: copyright
Other constraints: Licence type:Copyright
Other constraints: All material in this publication is licensed under a Creative Commons Attribution 4.0 International Licence except content supplied by third parties, logos and the Commonwealth Coat of Arms. https://creativecommons.org/licenses/by/4.0/legalcode
Other constraints: This publication (and any material sourced from it) should be attributed as: Zammit, K, Boult, C, Zhao, S Cao, L 2019, Agricultural export price and volume indicators: Concepts, data sources and methods, ABARES research report, Canberra, May. CC BY 4.0. https://doi.org/10.25814/5cd3c577afd83
Identifier:
ISBN 978-1-74323-435-8
ISSN 1447-8358
DOI https://doi.org/10.25814/5cd3c577afd83
Asset Name:
pb_apavi9aat20190513