In this study we developed a health status index using the commonly recorded health measures by doctors and hospitals. This health status index has a minimum possible value of 7 (the least healthy) and a maximum value of 21 (the healthiest). Using the NHANES data, we explored the relationship of...

The issue of identification of the parameter α0 in the price index of the Almost Ideal Demand System (AIDS) is examined. In nearly all empirical studies, the model’s likelihood function has been extremely flat in α0, and this parameter has not been able to be estimated. Assumed values are...

Seven systems of Engel curves for expenditures on ten commodity groups were estimated using Taiwanese household expenditure data for the period from 1996 through 1998. Results show that the estimated expenditure elasticities are insensitive to the choice of functional forms.

This paper presents a version of the household production theory to explain the demand for health. In this study we have explored the factors that influence the demand for medical services and medical expenditures in Taiwan. A negative binomial model was used to study the demand for medical...

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...

This study uses the household production theory to study the demand for nutrients, i.e., households purchase a combination of food items from the market and produce the needed nutrients from these food items. By following the traditional household production approach, shadow prices for nutrients...

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...