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| Registros recuperados: 53 | |
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| Heckelei, Thomas; Mittelhammer, Ronald C.; Wahl, Thomas I.. |
| This paper presents an application of Bayesian analysis to an AIDS model of Japanese meat demand extending previous approaches in three ways: (1) The methodology employed is robust with respect to the likelihood function but retains the generic, easily programmable character of algorithms offered by Monte Carlo Integration approaches based on the normal likelihood function. (2) In addition to inequality constraints, linear exact restrictions and stochastic prior information are subjected to a Bayesian posterior analysis of validity and incorporated into Bayesian point estimates of model parameters and elasticities. (3) In order to assess the influence of the prior density on posterior distributions of model parameters relative to the likelihood, a measure... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1997 |
URL: http://purl.umn.edu/18783 |
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| Marsh, Thomas L.; Mittelhammer, Ronald C.. |
| An adaptive estimator is proposed to optimally estimate unknown truncation points of the error support space for the general linear model. The adaptive estimator is specified analytically to minimize a risk function based on the squared error loss measure. It is then empirically applied to a generalized maximum entropy estimator of the linear model using bootstrapping, allowing the information set of the model itself to determine the truncation points. Monte Carlo simulations are used to demonstrate performance of the adaptive entropy estimator relative to maximum entropy estimation coupled with alternative truncation rules and to ordinary least squares estimation. A food demand application is included to demonstrate practical implementation of the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2001 |
URL: http://purl.umn.edu/36169 |
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| van Voorthuizen, Hilde; Schotzko, R. Thomas; Mittelhammer, Ronald C.. |
| This paper develops a monthly domestic demand and supply equilibrium model for Washington apples that can be used to assess the effectiveness of price and non-price promotional activities. The econometric methodology employed takes into account market differences across the U.S. and is based on data pertaining to individual retail stores located throughout the U.S. The period of analysis is from September 1990 through August 2000 on a regional basis. A unique feature of the model is its explicit allowance for multiplier effects to exist between the level of print media (newspaper ad and flyers) expenditures provided by the Washington State Apple Commission (WAC) in support of apple demand and supplementary funds provided by retailers in support of apple... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Price and non price promotion; Trade and non trade activities; Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/19637 |
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| Rahman, Tauhidur; Mittelhammer, Ronald C.. |
| Whereas a large number of empirical studies have been devoted to analyzing the relationship between measures of income and globalization (defined by openness to international trade), much less attention has been paid to the analysis of well-being for the various subgroups of population and their causal associations with globalization. To address this gap in the literature, this paper first analyzes the quality of life (QOL) of 'poor' and 'non-poor' population segments of 40 African countries over a period of 1980-2000, and then examines their causal association with openness to trade. In order to understand the impact of openness to trade on the well-being of poor, we assume the causal chain Openness_ Income_ Poverty_ Well-being of poor and empirically... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
| Ano: 2006 |
URL: http://purl.umn.edu/21100 |
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| van Voorthuizen, Hilde; Schotzko, R. Thomas; Mittelhammer, Ronald C.. |
| This paper reports the results of a case study analyzing the impacts of promotion and advertising conducted by the Washington Apple Commission (WAC) using both single- and multi-equation systems. The analyses are compared in terms of the comparability and coherency of results and in terms of the types of information that can be generated by the multi-equation model but not by the single-equation model. Due to the availability of detailed data from the WAC, the multi-equation system incorporates measures of actual lines of print media within an explicit model of print media as well as a measure of the multiplier effect associated with WAC promotion expenditures relative to the overall (retail-matched) level of print media. This information cannot be... |
| Tipo: Journal Article |
Palavras-chave: Marketing. |
| Ano: 2003 |
URL: http://purl.umn.edu/27943 |
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| Xi, Jing; Mittelhammer, Ronald C.; Heckelei, Thomas. |
| This paper makes a contribution to the application of nonlinear simultaneous equations estimation and nonparametric Bootstrapping techniques. The nonlinear demand model estimation work in this paper is in the context of the newly developed Quadratic Almost Ideal Demand System (QUAIDS) model, and provides substantive results in terms of both model estimation technique and empirical economic findings. For the first time, bootstrapping is used in this highly nonlinear modeling environment to estimate variability in demand model parameter estimates and associated demand elasticities. The application relates to Japanese consumer behavior relative to Wagyu Beef, Imported Beef, Pork, Chicken, and Fish demand, and the empirical results are highly relevant to U.S.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2004 |
URL: http://purl.umn.edu/20120 |
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| Rahman, Tauhidur; Mittelhammer, Ronald C.; Wandschneider, Philip R.. |
| This paper attempts to provide a comprehensive analysis of interrelationships among the determinants of the Quality of Life (QOL). We show that various measures of well-being are highly sensitive to domains of QOL that are considered in the construction of comparative indices, and how measurable inputs into the well-being indicators are aggregated and weighted to arrive at composite measures of QOL. We present a picture of conditions among the 43 countries of the world with respect to such interrelated domains of QOL as the relationship with family and friends, emotional well-being, health, work and productivity, material well-being, feeling part of one's community, personal safety, and the quality of environment. On the basis of Borda Rule and the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Quality of life; Domains; Borda rule; Principal components; And rankings; Institutional and Behavioral Economics; I31; D60; D63. |
| Ano: 2003 |
URL: http://purl.umn.edu/22045 |
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| Registros recuperados: 53 | |
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