An empirical investigation of the trade benefit function

Ka Wong ()

Economics Letters, 2013, vol. 119, issue 2, 150-153

Abstract: We introduce new definition and estimation procedures of trade benefit functions that allow researchers to generate estimable import share functions. The method is based on the work of Chau and Färe, while it is more general in permitting the estimation of Hicksian import share systems, which are explicit in an unobservable variable but may lack a closed-form representation in terms of observable variables. An empirical application demonstrates the feasibility of the proposed method.

Keywords: Trade benefit functions; Import share systems; Numerical inversion (search for similar items in EconPapers)
JEL-codes: D22 F11 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S016517651300027X
Full text for ScienceDirect subscribers only

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:eee:ecolet:v:119:y:2013:i:2:p:150-153

DOI: 10.1016/j.econlet.2013.01.008

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().