An Examination of Inverse Demand Models: An Application to the U.S. Crawfish Industry

No hay miniatura disponible

Fecha

Autores

Título de la revista

ISSN de la revista

Título del volumen

Editor

Resumen

Descripción

This study analyzes quantity impacts of imported crawfish tailmeat on Louisiana crawfish tailmeat prices, and demonstrates the statistical validity and proper interpretation of cross substitution within inverse demand systems. Among five inverse demand systems, the Differential Inverse National Bureau of Research (DINBR) model shows no violation of econometric assumptions for the data analyzed. By using Allais coefficients proposed by Barten and Bettendorf (1989), we show substitutability among the five fish species.

Palabras clave

Citación

URI

http://hdl.handle.net/123456789/552667

Ver documento

https://ageconsearch.umn.edu/record/45661/files/lee%20-%20current.pdf

Colecciones

University of Minnesota