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Food import demand in the Czech Republic

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Author Info

  • Janda, Karel
  • Rausser, Gordon C.
  • McCluskey, Jill

Abstract

This paper provides an overview of Czech food import demand in the transition period of the 90's. It also provides econometrical estimates of own- and cross-price elasticities and group expenditure elasticities of Czech import demand for a number of foods. Based on the Hausman test for endogeneity, which supports the hypothesis that Czech import prices were exogenously determined outside of the Czech economy, we estimated five demand models as direct-demand systems of the AIDS type. The econometric estimation of elasticities was based on bimonthly data from March 1993 to August 1997.

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Bibliographic Info

Paper provided by Department of Agricultural & Resource Economics, UC Berkeley in its series Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series with number qt14j5p75j.

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Date of creation: 04 May 1998
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Handle: RePEc:cdl:agrebk:qt14j5p75j

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Related research

Keywords: aids models; consumers' demand; demand elasticity; food marketing; import quotas; Social and Behavioral Sciences;

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References

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  1. Balcombe, K. G. & Davis, J. R., 1996. "An application of cointegration theory in the estimation of the almost ideal demand system for food consumption in Bulgaria," Agricultural Economics, Blackwell, vol. 15(1), pages 47-60, September.
  2. Brenton, Paul & Winters, L. Alan, 1992. "Estimates of Bilateral Trade Elasticities and Their Implications for the Modelling of `1992'," CEPR Discussion Papers 717, C.E.P.R. Discussion Papers.
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Cited by:
  1. Jiri Podpiera & Marie Rakova, 2008. "The Price Effects of an Emerging Retail Market," Working Papers 2008/6, Czech National Bank, Research Department.
  2. Petr Jansky, 2014. "Consumer Demand System Estimation and Value Added Tax Reforms in the Czech Republic," Working Papers IES 2014/07, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Apr 2014.

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