Modelling trade in processed food products: an econometric investigation for France
This paper presents an econometric study of trade in processed food products based on French data. We use a differentiated‐product model, which captures non‐homothetic consumer preferences but also allows for testable restrictive structures such as homogeneity, homogeneous weak separability and the...
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| Veröffentlicht in: | European review of agricultural economics 2002-03, Vol.29 (1), p.1-27 |
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| container_title | European review of agricultural economics |
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| creator | Surry, Yves Herrard, Nadine Roux, Yves Le |
| description | This paper presents an econometric study of trade in processed food products based on French data. We use a differentiated‐product model, which captures non‐homothetic consumer preferences but also allows for testable restrictive structures such as homogeneity, homogeneous weak separability and the Armington specification. The model framework adopted is based on the constant difference of elasticities (CDE) function. The Armington assumption is rejected for the majority of products. Econometric results suggest that French consumers distinguish not only between home‐produced and imported food products but also between supplies originating from elsewhere in the European Union and imports from the rest of the world. |
| doi_str_mv | 10.1093/erae/29.1.1 |
| format | Article |
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| identifier | ISSN: 0165-1587 |
| ispartof | European review of agricultural economics, 2002-03, Vol.29 (1), p.1-27 |
| issn | 0165-1587 1464-3618 1464-3618 |
| language | eng |
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| source | PAIS Index; Oxford University Press Journals All Titles (1996-Current) |
| subjects | Agricultural commodities Agricultural economics Agricultural prices Agricultural trade Armington CDE function Consumer preferences Consumers Econometrics Economics Elasticity of demand Expenditures Food products France Hypotheses Modelling processed products Product differentiation |
| title | Modelling trade in processed food products: an econometric investigation for France |
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