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A multi-CES and non-homothetic approach for agricultural trade analysis : a modified Armington procedure /

Bibliographic Details
Main Authors: Itō, Shōichi (Author), Chen, Dean T. (Author), Peterson, E. Wesley F. (Author)
Corporate Authors: Texas A & M University. Department of Agricultural Economics, Texas Agricultural Experiment Station, Texas Agricultural Extension Service
Format: Government Document Book
Language:English
Published: College Station, Texas : Agricultural and Food Policy Center, Department of Agricultural Economics, Texas Agricultural Experiment Station, Texas Agricultural Extension Service, Texas A & M University, 1989.
Series:AFPC staff report ; 89-5.
Subjects:
Rice trade > Mathematical models.
Produce trade > Mathematical models.
Armington procedure
Non-homotheticity
Description
Abstract:This study attempts to develop the original Armington procedure into a multi-CES non-homothetic model. The results using rice trade data indicate that the new approach is superior to the original. Elasticities of substitution for rice imported from individual suppliers appear to vary and demand for imported rice is not homothetic.
Item Description:"March 1989."
Physical Description:14 pages ; 28 cm
Bibliography:Includes bibliographical references (pages 13-14).