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The generalized composite commodity theorem (Lewbel 1996) is used to test for consistent aggregation of U.S. and … aggregated into as few as five categories. The aggregation of all outputs into a single output cannot be supported in either …
Persistent link: https://www.econbiz.de/10005338787
separability conditions for aggregation have been rejected is reconsidered to determine if aggregation can be based on the GCCT … of formulating aggregates prior to conducting tests for aggregation is addressed. …
Persistent link: https://www.econbiz.de/10005503209
When elementary prices move strictly proportionately, aggregation over a group of diverse products is valid, and group … commercial disappearance as a proxy for food demand can be misleading for policy analysis. Key words: commodity aggregation …
Persistent link: https://www.econbiz.de/10005525436
Meat consumption and socio-demographic data from the 1990, 1993 and 1996 SUSENAS Household Food Expenditure and Consumption Surveys were employed to estimate the demand for meats in Indonesia. The focus was on the Provinces of DKI Jakarta and West Java where about one-fourth of the Indonesian...
Persistent link: https://www.econbiz.de/10005803001
generated by aggregation ratherthan derived from stable individual preferences. …
Persistent link: https://www.econbiz.de/10009444758
generated by aggregation rather than derived from stable individual preferences. …
Persistent link: https://www.econbiz.de/10010880081
The impact of cross sectional aggregation over individual retail stores on the estimation and testing of vertical price …
Persistent link: https://www.econbiz.de/10005805132
Economists often use aggregate time series data to estimate consumer demand functions. Some of the popular applied demand systems have a PIGLOG form. In the most general PIGLOG cases the “average” demand for a good is a function of the representative consumer expenditure not the average...
Persistent link: https://www.econbiz.de/10011070020
This study focuses on the problem of water use by new upstream commercial tree plantations where fully-committed water entitlements are already held and traded among downstream sectors (urban water, wetlands and agricultural industries). High tree product prices strongly incentivise expansion of...
Persistent link: https://www.econbiz.de/10011070417
In emerging markets for high-value food products in developing countries, processing companies search for efficient ways to source raw material of consistent quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of contracts,...
Persistent link: https://www.econbiz.de/10010880184