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The system-wide approach is used to develop an import allocation model based on blockwise dependence. The import demand system is parameterized using the absolute version of the Rotterdam model. Two empirical examples are given to illustrate the approach.
Persistent link: https://www.econbiz.de/10005026718
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A demand system model differentiating goods by origin is developed to examine impacts of duty drawback on U.S. orange juice exports and prices. An empirical analysis suggests that on average duty drawback has increased annual orange juice exports by about 16.5 million SSE gallons or 11% of...
Persistent link: https://www.econbiz.de/10005026726
The study examined the relationship between import price and retail price of grapefruit in Japan. Estimated retail-import price relationship indicate asymmetry responses distributed over time. Import price changes are not fully transmitted to the retail level, with import price increases being...
Persistent link: https://www.econbiz.de/10005026741
A demand system model differentiating goods by product form and origin is developed to examine the impact of eliminating U.S. tariffs on orange-juice prices. An empirical analysis suggests a range of tariff impacts on prices depending on the degree of substitution between products. The model...
Persistent link: https://www.econbiz.de/10005026749
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The question of endogeneity of conditional expenditures, as well as prices, in conditional demand equations for justices is examined. Both conditional expenditures and prices were found to be uncorrelated with the conditional demand errors, based on Wu-Hausman tests. Conditional demand error...
Persistent link: https://www.econbiz.de/10005805446
A variation of the household production theory was used to select relevant explanatory variables for the demand for convenience foods. A convenience food index was used to measure the convenience in food preparation. Because of the nature of the measure of convenience, the tobit regression...
Persistent link: https://www.econbiz.de/10008922518
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Taxing sugar-sweetened beverages has been proposed as a means to reduce calorie intake, improve diet and health, and generate revenue that governments can use to address the obesity-caused health and economic burden. Two beverage demand systems were estimated using beverage purchase data for...
Persistent link: https://www.econbiz.de/10009020624