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Import Demand Estimation with Country and Product Effects: Application of Multi-Way Unbalanced Panel Data Models to Lebanese Imports

In: Panel Data Econometrics Theoretical Contributions and Empirical Applications

Author

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  • Rachid Boumahdi
  • Jad Chaaban
  • Alban Thomas

Abstract

Ce papier présente une nouvelle approche pour l'évaluation empirique des élasticités de demande d'importation. Cette approche utilise un système de demande d'importation flexible (Almost Ideal Demand System : AIDS) couplé d'un modèle économétrique incorporant une spécification du terme d'erreur multi-niveaux adaptée aux cylindrées dans le cas des panels. En utilisant des données issues de l'administration des douanes libanaises, on effectue une analyse empirique à un niveau très désagrégé des parts d'importation. Un système de parts d'importation est estimé pour les principaux produits agricoles européens en contrôlant pour des effets fixes produits, pays et année, et en évaluant les effets prix relatifs aux concurrents non européens. Les résultats confirment que la structure du terme d'erreur du modèle empirique est plus riche que celle généralement utilisée dans la littérature.
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Suggested Citation

  • Rachid Boumahdi & Jad Chaaban & Alban Thomas, 2006. "Import Demand Estimation with Country and Product Effects: Application of Multi-Way Unbalanced Panel Data Models to Lebanese Imports," Contributions to Economic Analysis, in: Panel Data Econometrics Theoretical Contributions and Empirical Applications, pages 193-228, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:ceazzz:s0573-8555(06)74008-1
    DOI: 10.1016/S0573-8555(06)74008-1
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    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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