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An Empirical Assessment of Endogeneity Issues In Demand Analysis for Differentiated Products
Dhar, Tirtha Pratim; Chavas, Jean-Paul; Gould, Brian W. - Zwick Center for Food and Resource Policy, Department … - 2002
This article explores the issue of price and expenditure endogeneity in empirical demand analysis. The analysis focuses … for both prices and expenditures. We find that accounting for price/expenditures endogeneity significantly impacts demand … elasticity estimates. We also evaluate the implications of endogeneity issues for testing weak separability. …
Persistent link: https://www.econbiz.de/10005310649
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AN ECONOMETRIC ANALYSIS OF DEMAND FOR MEAT AND FISH PRODUCTS IN KOREA
Jung, Jione; Koo, Won W. - Department of Agribusiness and Applied Economics, North … - 2000
This study analyzes the structure of Korean meat and fish product demand. The Linear Approximate Almost Ideal Demand System (LA/AIDS) is used to estimate Korean meat and fish demand. Since the expenditure term is endogenous, the three-stage least squares (3SLS) estimator is used to estimate the...
Persistent link: https://www.econbiz.de/10005806180
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An Empirical Assessment of Endogeneity Issues In Demand Analysis for Differentiated Products
Dhar, Tirtha Pratim; Chavas, Jean-Paul; Gould, Brian W. - Department of Agricultural and Resource Economics, … - 2002
This article explores the issue of price and expenditure endogeneity in empirical demand analysis. The analysis focuses … for both prices and expenditures. We find that accounting for price/expenditures endogeneity significantly impacts demand … elasticity estimates. We also evaluate the implications of endogeneity issues for testing weak separability. …
Persistent link: https://www.econbiz.de/10010816336
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An Inverse Demand System for Blue Crab in the Chesapeake Bay: Endogeneity and Seasonality
Huang, Pei - Agricultural and Applied Economics Association - AAEA - 2014
patterns and controlling for endogeneity. The model used in this paper is able to address seasonality in demand in terms of … varying flexibilities over seasons and deals with endogeneity in accordance with biological stock assessment data. Empirical … results show significant season-varying market behaviors. The results also indicate the presence of endogeneity in the demand …
Persistent link: https://www.econbiz.de/10011068850
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Effects of market structure and patient choice on hospital quality for planned patients
Moscelli, Giuseppe; Gravelle, Hugh; Siciliani, Luigi - 2019
Persistent link: https://www.econbiz.de/10011987241
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Pricing and Market Concentration in Oligopoly Markets
Singh, Vishal; Zhu, Ting - In: Marketing Science 27 (2008) 6, pp. 1020-1035
-stage price regression. Results show that ignoring the endogeneity of market structure severely underestimates the impact of … incorrectly appear innocuous when using a model that ignores the endogeneity of market structure. More generally, our results …
Persistent link: https://www.econbiz.de/10008787695
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Trade intensity and output synchronisation: On the endogeneity properties of EMU
Caporale, Guglielmo Maria; De Santis, Roberta; Girardi, … - 2013
between core and peripheral member states. The results support the specialisation paradigm rather than the endogeneity …
Persistent link: https://www.econbiz.de/10010292664
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Trade Intensity and Output Synchronisation: On the Endogeneity Properties of EMU
Caporale, Guglielmo Maria; De Santis, Roberta; Girardi, … - 2013
between core and peripheral member states. The results support the specialisation paradigm rather than the endogeneity …
Persistent link: https://www.econbiz.de/10010292703
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The dos and don'ts of leadership in sequential public goods experiments
Rivas, Maria Fernanda; Sutter, Matthias - 2008
We study the effects of leadership in the provision of public goods by examining (i) the relative importance of reward and punishment as leadership devices, (ii) whether endogenous leadership is more efficient than exogenously enforced leadership, and (iii) whether leaders contributing last,...
Persistent link: https://www.econbiz.de/10010293401
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Endogeneity of Currency Areas and Trade Blocs: Evidence from the Inter-War Period
Wolf, Nikolaus; Ritschl, Albrecht - 2003
members was already high. In OLS estimation, this would cause endogeneity bias. The present paper employs both fixed effects … and binary choice methods to trace endogeneity in the formation of historical currency arrangements. Studying the … formation of currency blocs in the 1930s, we find strong evidence of endogeneity. We work with country group fixed effects and …
Persistent link: https://www.econbiz.de/10010296406