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- 6Resource Economics and Environmental Sociology, Department of
- 5Resource Economics and Environmental Sociology, Department of/Staff Papers (Resource Economics & Environmental Sociology)
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Asia is the second largest market for the Canadian agri-food exports after the United States market. The competition in Asia has become more intensive in recent years as the agri-food sector in developed nations such as Australia, Canada, Europe, and the United States has increasingly relied on...
Cross Product Censoring in a Demand System with Limited Dependent Variables: A Multivariate Probit Model ApproachDownload
The most challenging problem in cross sectional demand analyses is to deal with zero expenditure because OLS estimates tend to be biased towards zero in a regression model where a large proportion of the dependent variable is zero. The problem arises as households participating in the survey do...
Estimation of Source- and Quality-Differentiated Import Demand Under Aggregate Import Quota: An Application to Japan's WheatDownload
Since a seminal work by Armington (1969), estimating source-differentiated import demand has become a useful tool in applied international trade research. Trade policy evaluation and simulation require reliable estimates of the responsiveness of import demand to international price changes....
The notion that a potato is an inferior good dates back to the mid-nineteenth century when British economist Robert Giffen (and later Paul Samuelson) asserted that potato constituted a Giffen good in historic Ireland (McDonough and Eisenhauer). Potato has become a leading practical example of an...
This paper derives a set of linear and nonlinear restrictions to make a n-goods linear almost ideal demand system (AIDS) symmetric when all prices are allowed to vary. When prices are scaled by their means, the conventional restricitons are sufficient to make the linear AIDS symmetric at mean....
The Simple Analytics of Transferable Production Quota: Implications for the Marginal Cost of Ontario Milk ProductionDownload
Using the fact that separate markets exist for used and unused quota, this paper derives a formula to compute the marginal cost of the milk production along a competitive dynamic optimization model. It is showed that, under a perfect competitive quota market, the difference between unused quota...