IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

A cursory review of the identification strategies

Listed author(s):
  • Fabio Santeramo

    ()

The article provides a literature review on the topic of identification of supply and demand. In particular, it discusses the identification problem, that is the issue of having to solve for unique values of the parameters of the structural model from the values of the parameters of the reduced form of the model. We summarize several methodologies employed in the literature to solve this problem and gives practical examples. These solutions include, but are not limited to, using instrumental variables, adopting a recursive structure, holding demand constant, and imposing inequality constraints in order to restrict the domain of estimates. We also discuss on two major recent contributions in agricultural economics. The review will guide researchers in selecting the most suited approach to identify demand and supply. Copyright Santeramo. 2015

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1186/s40100-015-0042-5
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Springer & Italian Society of Agricultural Economics (SIDEA) in its journal Agricultural and Food Economics.

Volume (Year): 3 (2015)
Issue (Month): 1 (December)
Pages: 1-8

as
in new window

Handle: RePEc:spr:agfoec:v:3:y:2015:i:1:p:1-8:10.1186/s40100-015-0042-5
DOI: 10.1186/s40100-015-0042-5
Contact details of provider: Web page: http://www.springer.com

Postal:

c/o Matelda Reho, I.U.A.V., S. Croce 1957 - I-30135 Venezia

Phone: +39 041 2572172
Fax: +39 041 5240403
Web page: http://www.agrifoodecon.com
Email:


More information through EDIRC

Order Information: Web: http://www.springer.com/economics/agricultural+economics/journal/40100

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as
in new window


  1. Walter N. Thurman & Michael K. Wohlgenant, 1989. "Consistent Estimation of General Equilibrium Welfare Effects," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(4), pages 1041-1045.
  2. repec:ilo:ilowps:171573 is not listed on IDEAS
  3. Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, December.
  4. anonymous, 1977. "Banking in the world economy," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 3-5.
  5. Steinwender, Claudia, 2014. "Information frictions and the law of one price: "When the States and the Kingdom became United"," WTO Staff Working Papers ERSD-2014-12, World Trade Organization (WTO), Economic Research and Statistics Division.
  6. Leamer, Edward E, 1981. "Is It a Demand Curve, or Is It a Supply Curve? Partial Identification through Inequality Constraints," The Review of Economics and Statistics, MIT Press, vol. 63(3), pages 319-327, August.
  7. Santeramo, Fabio Gaetano, 2014. "On the Estimation of Supply and Demand Elasticities of Agricultural Commodites," MPRA Paper 56126, University Library of Munich, Germany.
  8. Michael J. Roberts & Wolfram Schlenker, 2013. "Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate," American Economic Review, American Economic Association, vol. 103(6), pages 2265-2295, October.
  9. Claudia Steinwender, 2014. "Information Frictions and the Law of One Price: “When the States and the Kingdom became United”," Working Papers 190, Oesterreichische Nationalbank (Austrian Central Bank).
  10. Helmut Lütkepohl & Aleksei NetŠunajev, 2014. "Disentangling Demand And Supply Shocks In The Crude Oil Market: How To Check Sign Restrictions In Structural Vars," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 29(3), pages 479-496, April.
  11. Cloé Garnache & Pierre R. Mérel, 2015. "What Can Acreage Allocations Say about Crop Supply Elasticities? A Convex Programming Approach to Supply Response Disaggregation," Journal of Agricultural Economics, Wiley Blackwell, vol. 66(1), pages 236-256, 02.
  12. Nber, 1977. "Interaction in Economic Research," NBER Books, National Bureau of Economic Research, Inc, number unkn77-1, November.
  13. Berkowitz, Daniel & Caner, Mehmet & Fang, Ying, 2012. "The validity of instruments revisited," Journal of Econometrics, Elsevier, vol. 166(2), pages 255-266.
  14. Roberto Rigobon, 2003. "Identification Through Heteroskedasticity," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 777-792, November.
  15. M. Renuka & K. P. Kalirajan, 2002. "How IncomeElastic Is The Consumers Demand For Services In Singapore?," International Economic Journal, Taylor & Francis Journals, vol. 16(1), pages 95-104.
  16. anonymous, 1977. "The economy in 1976," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Jan, pages 1-14.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:spr:agfoec:v:3:y:2015:i:1:p:1-8:10.1186/s40100-015-0042-5. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)

or (Rebekah McClure)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.