IDEAS home Printed from https://ideas.repec.org/a/bla/jageco/v43y1992i1p38-42.html
   My bibliography  Save this article

A Comparison Of Tobit And Ols Estimates Of Japanese Peanut Import Demand

Author

Listed:
  • X. L. Wu

Abstract

A Tobit analysis is applied to estimate Japanese peanut imports under quota restrictions for the period 1973–1988, and to assess the bias when the presence of quota is ignored by using OLS estimation. The results show that biased estimates are obtained by using OLS in the presence of quota restrictions.

Suggested Citation

  • X. L. Wu, 1992. "A Comparison Of Tobit And Ols Estimates Of Japanese Peanut Import Demand," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(1), pages 38-42, January.
    • Handle: RePEc:bla:jageco:v:43:y:1992:i:1:p:38-42
    DOI: 10.1111/j.1477-9552.1992.tb00196.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1477-9552.1992.tb00196.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1477-9552.1992.tb00196.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Wahl, Thomas I. & Hayes, Dermot J. & Williams, Gary W., 1987. "Japanese Beef Policy and GATT Negotiations: An Analysis of Reducing Assistance to Beef Producers," Working Papers 51242, International Agricultural Trade Research Consortium.
    2. Baker, Gregory A. & Mori, Hiroshi, 1985. "Strawmen In Trade Protectionism: The Case Of Citrus Import Quotas," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(2), pages 1-6, December.
    3. Thursby, Jerry G & Thursby, Marie C, 1984. "How Reliable Are Simple, Single Equation Specifications of Import Demand?," The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 120-128, February.
    4. McDonald, John F & Moffitt, Robert A, 1980. "The Uses of Tobit Analysis," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 318-321, May.
    5. Dyck, John H., 1988. "Demand For Meats In Japan: A Review And An Update Of Elasticity Estimates," Staff Reports 278048, United States Department of Agriculture, Economic Research Service.
    6. Margot Anderson & Philip Garcia, 1989. "Exchange Rate Uncertainty and the Demand for U.S. Soybeans," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(3), pages 721-729.
    7. Yujiro Hayami, 1979. "Trade Benefits to All: A Design of the Beef Import Liberalization in Japan," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 342-347.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Masuda, Kazuto, 2021. "Trade Policy and the Marshall–Lerner Condition: Application of the Tobit Model," SocArXiv njzk3, Center for Open Science.
    2. Özdes, Aysel & Aktas, Erkan & Koc, Ali, 1999. "Konsantre Meyve Suyu Talebinin “Tobit” Modeli Ile Analizi [Analysis Of Concentrated Fruit Juice Demand Using The Tobit Model]," MPRA Paper 8649, University Library of Munich, Germany.
    3. Sawyer, W. Charles & Sprinkle, Richard L., 1997. "The Demand for Imports and Exports in Japan: A Survey," Journal of the Japanese and International Economies, Elsevier, vol. 11(2), pages 247-259, June.
    4. Masuda, Kazuto, 2021. "Trade Policy and the Marshall–Lerner Condition: Application of the Tobit Model," SocArXiv njzk3_v1, Center for Open Science.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wen S. Chern & Kimiko Ishibashi & Kiyoshi Taniguchi & Yuki Tokoyama, 2002. "Analysis of Food Consumption Behavior by Japanese Households," Working Papers 02-06, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    2. Wahl, Thomas I. & Hayes, Dermot J. & Johnson, Stanley R., 1992. "Impacts Of Liberalizing The Japanese Pork Market," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(01), pages 1-17, July.
    3. Lin, Biing-Hwan & Mori, Hiroshi & Jones, James R. & Gorman, William D., 1988. "Effects Of Trade Liberalization On Market Shares And Imports In The Japanese Beef Market," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270411, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Bernd Süssmuth, 2012. "The Econometric Analysis of Willingness to Pay for Intangibles with Experience Good Character," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 14, Edward Elgar Publishing.
    5. Alston Lee J. & Mueller Bernardo, 2018. "Priests, Conflicts and Property Rights: the Impacts on Tenancy and Land Use in Brazil," Man and the Economy, De Gruyter, vol. 5(1), pages 1-26, June.
    6. Insik Min & Jong‐Ho Kim, 2003. "Modeling Credit Card Borrowing: A Comparison of Type I and Type II Tobit Approaches," Southern Economic Journal, John Wiley & Sons, vol. 70(1), pages 128-143, July.
    7. Thomas Bauer & Mathias Sinning, 2011. "The savings behavior of temporary and permanent migrants in Germany," Journal of Population Economics, Springer;European Society for Population Economics, vol. 24(2), pages 421-449, April.
    8. Honma, Masayoshi & Hayami, Yujiro, 2007. "Distortions to Agricultural Incentives in Korea and Taiwan," Agricultural Distortions Working Paper Series 48479, World Bank.
    9. Kumar, Nagesh & Saqib, Mohammed, 1996. "Firm size, opportunities for adaptation and in-house R & D activity in developing countries: the case of Indian manufacturing," Research Policy, Elsevier, vol. 25(5), pages 713-722, August.
    10. Cox, Thomas L. & Briggs, Hugh, 1989. "Heteroscedastic Tobit Models: The Household Demand for Fresh Potatoes Revisited," Staff Papers 200482, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    11. Yen H. T. Nguyen & Tuyen Q. Tran & Dung T. Hoang & Thu M. T. Tran & Trung T. Nguyen, 2023. "Land quality, income, and poverty among rural households in the North Central Region, Vietnam," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 150-172, June.
    12. Sanae Tashiro, 2009. "Differences in Food Preparation by Race and Ethnicity: Evidence from the American Time Use Survey," The Review of Black Political Economy, Springer;National Economic Association, vol. 36(3), pages 161-180, December.
    13. Thomas M. Fullerton, Jr. & W. Charles Sowyer & Richard L. Sprinkle, 1997. "Functional form for United States-México trade equations," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 12(1), pages 23-35.
    14. Maria Luisa Mancusi & Andrea Vezzulli & Serena Frazzoni & Zeno Rotondi & Maurizio Sobrero, 2018. "Export and Innovation in Small and Medium Enterprises: The Role of Concentrated Bank Borrowing," Economica, London School of Economics and Political Science, vol. 85(337), pages 177-204, January.
    15. Seth W. Norton, 2003. "Economic Institutions and Human Well-Being: A Cross-National Analysis," Eastern Economic Journal, Eastern Economic Association, vol. 29(1), pages 23-40, Winter.
    16. Saez, Maria Del Carmen Almansa & Calatrava-Requena, Javier, 2002. "Valuing Externalities of Watershed Restoration and Erosion Control Projects in Mediterranean Basins: A Comparative Analysis of the Contingent Valuation and Replacement Cost Methods," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24847, European Association of Agricultural Economists.
    17. Torbern Anderson & Sumner J. La Croix, 1989. "Minority Pitchers in Major League Baseball: Is There Discrimination by Fans?," Working Papers 198913, University of Hawaii at Manoa, Department of Economics.
    18. Bai, Junfei & Wahl, Thomas I. & McCluskey, Jill J., 2008. "Fluid milk consumption in urban Qingdao, China," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(2), pages 1-15.
    19. Anil Kumar, 2012. "Nonparametric estimation of the impact of taxes on female labor supply," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(3), pages 415-439, April.
    20. Bernd Süssmuth & Malte Heyne & Wolfgang Maennig, 2010. "Induced Civic Pride and Integration," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(2), pages 202-220, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jageco:v:43:y:1992:i:1:p:38-42. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-857X .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.