Capps Jr., Oral; Tsai, Reyfong; Kirby, Raymond; … - In: Journal of Agricultural and Resource Economics 19 (1994) 01
The Rotterdam model is used to obtain estimates of demand parameters for meat products in Taiwan, South Korea, and Japan. Unlike most previous studies of demand systems, the model takes into account simultaneous-equation bias which arises due to the endogeneity of total expenditure. Beef, pork,...