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Provedor de dados:  AgEcon
País:  United States
Título:  Estimating price elasticities of food trade functions: How relevant is the gravity approach?
Autores:  Femenia, Fabienne
Gohin, Alexandre
Data:  2008-02-27
Ano:  2007
Palavras-chave:  Elasticities
Generalized Maximum Entropy
Censored demand system
International Relations/Trade
Resumo:  The main objective of the paper is related to the long standing issue of the econometric estimation of price elasticity of food trade functions. We investigate the relevance of the prominent gravity approach. This approach is based on the assumptions of symmetric, monotone, homothetic, CES preferences. We test all these assumptions using European intra trade of cheese. In a general way, all assumptions made on preferences by the gravity approach are not supported by our data set. The bias induced on the estimated price elasticities is not univocal.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  28963
Relação:  TRADEAG - Agricultural Trade Agreements>Working Papers
TRADEAG Working Papers
Formato:  37

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