Showing 1 - 8 of 8
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
Persistent link: https://www.econbiz.de/10005469265
This study considers incorporating changes in technology in the differential input demand system through effects on output and input marginal products. The effects of technology on input demand are related to Slutsky coefficients and input shares of marginal cost. Technology effects on...
Persistent link: https://www.econbiz.de/10005469336
An extension of the Rotterdam model is developed that makes the model’s income flexibility and marginal propensities to consume varying coefficients. Frisch’s duality relationships that the second partial derivatives of demand with respect to income and prices are independent of...
Persistent link: https://www.econbiz.de/10005041403
The proposed Free Trade Area of the Americas would join the world’s two largest processed orange producing regions: Brazil and the United States. Because the United States currently imposes a sizeable tariff on imported processed orange products, there is concern by U.S. orange growers...
Persistent link: https://www.econbiz.de/10005041459
This study examines imposing and testing restrictions on preference variables in the Rotterdam model through the impacts of these variables on marginal utilities. An empirical analysis of the impact of a female labor force participation variable in a Rotterdam demand system for fresh fruit...
Persistent link: https://www.econbiz.de/10005802654
This study adopted the scaling approach to examine the impacts of inventories on tuna auction prices in Japan using the Rotterdam inverse demand system. The inclusion of two inventory variables in the model only increases the number of parameters by two. Results indicate that frozen tunas are...
Persistent link: https://www.econbiz.de/10005802697
Nielsen ScanTrack data were used to study how income and prices influenced consumer juice beverage demand in the United States during the period from 1988-89 through 1991-92. Alternative differential demand models combining the features of the Rotterdam model and the almost ideal demand system...
Persistent link: https://www.econbiz.de/10005802748