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In this study an import demand model (differential production model) is presented that is used in estimating the demand for source and product differentiated goods simultaneously. Unlike the traditional import demand models, this model can account for changes in relative group expenditures....
Persistent link: https://www.econbiz.de/10009443261
Dynamic demand systems have been employed in a number of studies to account for habit formation and inventory adjustments in demand. Few studies have attempted to provide a theoretical foundation for the dynamic demand structures employed. Recently, Bushehri (2003) showed how a generalized...
Persistent link: https://www.econbiz.de/10009445783
Given the importance of the Imports for Re-exports Program in (IREP) in Canada, this study assessed the impact of per-unit export returns on Canadian demand for imported cheese. If Canadian importers increase utilization of IREP, U.S. exports to Canada will remain unchanged while imports from...
Persistent link: https://www.econbiz.de/10005536588
In this study an import demand model (differential production model) is presented that is used in estimating the demand for source and product differentiated goods simultaneously. Unlike the traditional import demand models, this model can account for changes in relative group expenditures....
Persistent link: https://www.econbiz.de/10005483433
This study extends Barten's synthetic demand modeling approach to increase the flexibility of the uniform substitute specification of the Rotterdam demand system. Marginal propensities to consume (MPC) vary with budget shares and Slutsky coefficients are defined in terms of varying MPCs. An...
Persistent link: https://www.econbiz.de/10005469101
This study uses national, quarterly data to investigate U.S. meat demand using both the Rotterdam model and LA/AIDS model. We examine the effect of FSIS recalls especially beef E. coli O157: H7 recalls information on the consumption of meat. The estimated results indicate that beef E. coli O157:...
Persistent link: https://www.econbiz.de/10010916346
This paper studies the relationship among domestically produced and imported melons and vegetables (i.e., fresh onions, fresh tomatoes, spinach, oranges and cantaloupes). The U.S import expenditure, quantity, and price data are collected from the Economic Research Service (ERS). U.S. vegetables...
Persistent link: https://www.econbiz.de/10011068921
Replaced with revised version of paper 7/21/09.
Persistent link: https://www.econbiz.de/10005014785
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
This paper examines several approaches to introduce advertising in systems of demand equations. Advertising is included in the Rotterdam model using an unrestricted specification and three restricted specifications - advertising affects demand alternatively through (1) marginal utilities as in...
Persistent link: https://www.econbiz.de/10005026720