Consistent Estimation of Armington Demand Models

George Davis and Nancy C. Kruse

American Journal of Agricultural Economics, 1993, vol. 75, issue 3, 719-723

Abstract: Traditional methods of empirically implementing the popular Armington trade model are shown to result in theoretically and statistically inconsistent parameter estimates. A method for removing these inconsistencies within the framework of the Armington model is provided, along with a comparison of results of our new consistent procedure with those of the previous procedure.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://hdl.handle.net/10.2307/1243578 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:ajagec:v:75:y:1993:i:3:p:719-723.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().