THE CALIBRATION OF INCOMPLETE DEMAND SYSTEMS IN QUANTITATIVE ANALYSIS / доклад на 25 конференции IAAE, Reshaping Agriculture’s Contribution to Society, International Convention Centre, Durban, South Africa, 16-23 August 2003
Опубликовано на портале: 31-12-2003
Durban, 2003
Тематический раздел:
We introduce an easily implemented and flexible calibration technique for
partial demand systems,
combining recent developments in incomplete demand systems and a set of restrictions
conditioned on the
available elasticity-estimates. The technique accommodates various degrees
of knowledge on cross-price
elasticities, satisfies curvature restrictions, and allows the recovery of an exact
welfare measure for policy
analysis. The technique is illustrated with a partial demand system for
food consumption in Korea for
different states of knowledge on cross-price effects. The consumer welfare impact
of food and agricultural
trade liberalization is measured.
|

текст доклада
[327 КБ]
[327 КБ]
Ключевые слова
См. также: