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inverse AIDS model based on recent developments on cointegration techniques and error correction model. The case of fish …Inverse demand systems explain price variations as functions of quantity variations. This paper presents a dynamic …. Finally, the results of cross-quantity uncompensated flexibilities suggest that the substitution possibilities among fish …
Persistent link: https://www.econbiz.de/10008685230
of their socio-economic determinants in the case of Greece by estimating their dynamic interactions. The analysis covers … the period 1971-2006 and the cointegration methodologies of Johansen (1988) and Johansen- Juselius (1990, 1992) are … applied to the VAR model. From the cointegration results, a cointegrating vector is shown among total offences, convicted …
Persistent link: https://www.econbiz.de/10008609704
between the quadratic expenditure system (QES) and the almost ideal demand system (AIDS). We determine which model is more … compound model can be used as a demand system. Using a specific database, we show that the AIDS is a more suitable model than …Researchers prefer to use a demand system that best fits their data. This paper examines a nonnested test of comparison …
Persistent link: https://www.econbiz.de/10004975667
An AIDS-like demand system model is developed with an easy-to-calculate chain-price index that replaces the price index … in the original AIDS. …
Persistent link: https://www.econbiz.de/10010580516
Persistent link: https://www.econbiz.de/10005776794
System (LA/AIDS) is used to estimate Korean meat and fish demand. Since the expenditure term is endogenous, the three …This study analyzes the structure of Korean meat and fish product demand. The Linear Approximate Almost Ideal Demand …-stage least squares (3SLS) estimator is used to estimate the demand system. Empirical results indicate that beef imports would …
Persistent link: https://www.econbiz.de/10005806180
When a supply and demand model is recursive, with errors uncorrelated across the two equations, ordinary least square … (OLS) is the recommended estimation procedure. Supply to a daily fish market is determined by the previous night`s catch …, so this would appear to be a good example of a recursive market. Despite this, data from the Fulton fish market are …
Persistent link: https://www.econbiz.de/10005051177
When a supply and demand model is recursive, with errors uncorrelated across the two equations, ordinary least squares … (OLS) is the recommended estimation procedure. Supply to a daily fish market is determined by the previous night’s catch …, so this would appear to be a good example of a recursive market. Despite this, data from the Fulton fish market are …
Persistent link: https://www.econbiz.de/10005504667
Linear Approximate Almost Ideal Demand System (LA/AIDS). The empirical results indicate that beef imports in Korea would … World Trade Organization. This study analyzes the consumption behavior of meat and fish products in Korea, by estimating the …, Hanwoo (Korean domestic cattle) beef would not maintain its market share. Key words: Meat, fish, trade liberalization, per …
Persistent link: https://www.econbiz.de/10005460328
Persistent link: https://www.econbiz.de/10005597140