Food import demand in the Czech Republic
AbstractThis 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 InfoPaper 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.
Date of creation: 04 May 1998
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aids models; consumers' demand; demand elasticity; food marketing; import quotas; Social and Behavioral Sciences;
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- 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.
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- Jiri Podpiera & Marie Rakova, 2008.
"The Price Effects of an Emerging Retail Market,"
2008/6, Czech National Bank, Research Department.
- Petr Jansky, 2013. "Consumer Demand System Estimation and Value Added Tax Reforms in the Czech Republic," IFS Working Papers W13/20, Institute for Fiscal Studies.
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