Article(electronic)#1January 1987
Option Hedging Strategies
In: North central journal of agricultural economics: NCJAE, Volume 9, Issue 1, p. 123
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Article(electronic)#2March 2010
Food demand in Brazil: an application of Shonkwiler & Yen Two-Step estimation method
In: Estudos econômicos, Volume 40, Issue 1, p. 186-211
ISSN: 1980-5357
The objective of the analysis is to estimate a demand system including eighteen food products using data from a Brazilian Household Budget Survey carried out in 2002 and 2003 (POF 2002/2003). The functional form used was Quadratic Almost Ideal Demand System (QUAIDS). Estimation employs the Shonkwiler and Yen method to account for zero consumption. Results showed that purchase probabilities of staples foods were negatively related to family monthly income, while meat, milk and other products showed a positive relation. Regional, educational and urbanization variables were also important in the first stage estimation. While some of the goods had negative income coefficients, none were inferior and six of eighteen were luxuries based on second stage estimates.
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Article(electronic)#3August 2002
Estimating consumer demands across the development spectrum: maximum likelihood estimates of an implicit direct additivity model
In: Journal of development economics, Volume 68, Issue 2, p. 289-307
ISSN: 0304-3878
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