A MONTE CARLO ANALYSIS OF THE ESTIMATION OF EXPORT DEMAND

James K. Binkley and Lance McKinzie

No 278297, 1979 Annual Meeting, July 29-August 1, Pullman, Washington from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A simple two-country trading model was used to compare three methods of estimating export demand: OLS; TSLS; and TSLS applied to domestic ruves from which were derived excess demand. Estimator performance depends primarily on relative error variances around excess supply and demand. The third method was generally superior.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 13
Date: 1979-07
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/278297/files/aaea-1979-102.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea79:278297

DOI: 10.22004/ag.econ.278297

Access Statistics for this paper

More papers in 1979 Annual Meeting, July 29-August 1, Pullman, Washington from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Bibliographic data for series maintained by AgEcon Search ().