Acknowledgement
Supported by : Catholic University of Daegu
References
- Anderson, R.W., "Some Theory of Inverse Demand for Applied Demand Analysis," European Economic Review, Vol. 14, No.3, 1980, pp.281-290. https://doi.org/10.1016/S0014-2921(80)80001-8
- Bailey, E.E. and D. Liu, "Airline Consolidation and Consumer Welfare," Eastern Economic Journal, Vol.21, No.4, 1995, pp.463-476.
- Barten, A.P. and L.J. Bettendorf, "Price formation of fish: An application of an inverse demand system," European Economic Review, Vol.33, No.8, 1989, pp.1509-1525. https://doi.org/10.1016/0014-2921(89)90075-5
- Becker, G.S. and K.M. Murphy, A theory of rational addiction." Journal Political Economy, Vol.96, No.4, 1988, pp.675-700. https://doi.org/10.1086/261558
- Becker, G.S., M. Grossman, and K.M. Murphy, "An empirical analysis of cigarette addiction," American Economic Review, Vol.84, No.3, 1994, pp.396 -418.
- Bishop Richard C., and Matthew T. Holt, "A semi flexible normalized quadratic inverse demand system: an application to the price formation of fish," Empirical Economics, Springer, Vol.27, No.1, 2002, pp.23-47. https://doi.org/10.1007/s181-002-8357-6
- Blackorby, B.C., D. Donaldson and S. Moloney, "Consumer's Surplus and Welfare Change in a Simple Dynamic Model," Review of Economic Studies, Vol. 51, No.1, 1984, pp.171-176. https://doi.org/10.2307/2297712
- Boonsaeng T. and M.K. Wohlgenant, "A Dynamic Approach to Estimating and Testing Separability in U.S. Demand for Imported and Domestic Meats," Canadian Journal of Agricultural Economics, Vol.57, No.1, 2009, pp.139 -157. https://doi.org/10.1111/j.1744-7976.2008.01142.x
- Cheng, H., and O. Capps, "Demand Analysis of Fresh and Frozen Finfish and Shellfish in the United States," American Journal of Agricultural Economics, Vol.70, No.3, 1988, pp.533-542. https://doi.org/10.2307/1241491
- Davidson, J.E.H., D.F. Hendry, F. Srba, and S.Yeo, "Econometric modeling of the aggregate timeseries relationship between consumers' expenditure and income in the United Kingdom," Economic Journal, Vol.88, No.1, 1978, pp.661-692. https://doi.org/10.2307/2231972
- Deaton, Angus, "Optimal Taxes and the Structure of Preferences," Econometrica, Vol.49, No.5, 1981, pp.1245-1260. https://doi.org/10.2307/1912753
- Deaton, A. and J. Muellbauer, "An almost ideal demand system," American Economic Review, Vol.70, No.3, 1980, pp.312-326.
- Eales J., C. Durham, and C.R. Wessells, "Generalized Models of Japanese Demand for Fish," American Journal of Agricultural Economics, Vol.79, No.4, 1997, pp.1153-1163. https://doi.org/10.2307/1244272
- Eales, J. and L. Unnevehr, "The inverse almost ideal demand system," European Economic Review, Vol.38, No.1, 1994, pp.101-115. https://doi.org/10.1016/0014-2921(94)90008-6
- Fare, Rolf, S.Grosskopf, K.J.Hayes, and D.Margaritis, "Estimating Demand with Distance Functions:Parameterization in the primal and dual," Journal of Econometrics, Vol.147, No.2, 2008, pp.266-274. https://doi.org/10.1016/j.jeconom.2008.09.033
- Hayes, DJ., T.I. Wahl, and G.W. Williams, "Testing Restrictions on a Model of Japanese Meat Demand," American Journal of Agricultural Economics, Vol. 72, No.3, 1990, pp.556-566. https://doi.org/10.2307/1243024
- Hendry, D.F. and Anderson, G.J., "Testing dynamic specification in small simultaneous models: An application to a model of building society behavior in the United Kingdom," chap. 8c in M.D. Intriligator (ed.), Frontiers of Quantitative Economics, iii(a), North-Halland, Amsterdam, 1977, pp.361-383.
- Holt, Matthew T. & Goodwin, Barry K., "Generalized Habit Formation in an Inverse Almost Ideal Demand System: An Application to Meat Expenditures in the U.S," Empirical Economics, Vol.22, No.2, 1997, pp.293-320. https://doi.org/10.1007/BF01205360
- Houthakker, H.S., and Taylor, L.D., Consumer Demand in the United States 1929-1970, 2nd ed. Cambridge, Mass.: Harvard university Press, 1970, pp.1-180.
- Howe, H., Pollak, R., and Wales, T.J., "Theory and time series estimation of the quadratic expenditure system," Econometrica, Vol.47, No.2, 1979, pp.231-248.
- Karagiannis G., S. Katranidis, and K. Velentzas, "An Error Correction Almost Ideal Demand System for Meat in Greece," Agricultural Economics, Vol.22, No.1, 2000, pp.29-33. https://doi.org/10.1111/j.1574-0862.2000.tb00003.x
- Keen, M., "Welfare Analysis and Intertemporal Substitution," Journal of Public Economics, VoI.42 ,No.1, 1990, pp.47-66. https://doi.org/10.1016/0047-2727(90)90043-H
- Kim, H.Y., "Functional Separability and Elasticities of Complementarity," American Journal of Agricultural Economics, Vol.79, No.4, 1997, pp.1177-1181. https://doi.org/10.2307/1244274
- Kling, C.L., "Estimating the Precision of Welfare Measures," Journal of Environmental Economics and Management, Vol.21, No.3, 1991, pp.244-259. https://doi.org/10.1016/0095-0696(91)90029-I
- Lee, J., M.G. Brown and J.L. Seale, Jr., "Model choice in consumer analysis: Taiwan, 1970-89." American Journal of Agricultural Economics, Vol.76, No.3, 1994, pp.504-512. https://doi.org/10.2307/1243661
- Lluch, C., "Expenditure, savings and habit formation." International Economic Review Vol.15, No.3,1974, pp.786-797. https://doi.org/10.2307/2525741
- Madden, P., "A generalization of Hicksian q substitutes and complements with application to demand rationing." Econometrica, Vol.59, No.4, 1991, pp.1497-1508. https://doi.org/10.2307/2938377
- MacKinnon, J.G., "Critical Values for Cointegration Tests," Long-run Economic Relationships' Readings in Cointegration, eds. R.F. Engle and C.W.J. Granger, New York: Oxford University Press, 1991, pp.266-276.
- Moschini, G. and A. Vissa, "A linear inverse demand system." Journal of Agricultural and Resource Economics, Vol.17, No.2, 1993, pp.294-302.
- Palmquist, R.B., "Welfare Measurement for Environmental Improvements Using the Hedonic Model:The Case of Nonparametric Marginal Prices," Journal of Environmental Economics and Management, Vol.15, No.2, 1988, pp.297-312. https://doi.org/10.1016/0095-0696(88)90004-6
- Park, Hoanjae, "Randall and Stolls Bounds in an Inverse Demand System," Economics Letters, Vol.56, No.3, 1997, pp.281-286. https://doi.org/10.1016/S0165-1765(97)00166-3
- Park, Hoanjae, "On Inferring Individual Behaviour from Market Behaviour in a Predetermined Quantities Model," Applied Economics, Vol. 36, No.3, 2004, pp.715-721. https://doi.org/10.1080/0003684042000191084
- Park, Hoanjae, "On Generating a Dynamic Price Formation System with Rationality," Journal of Environmental and Resource Economics, Vol. 14, No.3, 2005, pp.699 -728.
- Park, Hoanjae, Thurman, W.N., and J.E. Easley, "Modeling Inverse Demands for Fish: Empirical Welfare Measurement in Gulf and South Atlantic Fisheries," Marine Resource Economics, Vol. 19, No.3, 2004, pp.333-351. https://doi.org/10.1086/mre.19.3.42629438
- Peeters, L., Y. Surry, and A. Cielen, "Testing Alternative Dynamic Specifications: An Application to Meat Demand in Belgium," Applied Economics Letters, Vol.4, No.3, 1997, pp.745-749 https://doi.org/10.1080/758528720
- Ray, R., "A dynamic generalization of the almost ideal demand system," Economics Letters, Vol.14, No.2, 1984, pp.235-239. https://doi.org/10.1016/0165-1765(84)90088-0
- Ray, R. "Specification and time series estimation of dynamic Gorman Polar Form demand systems," European Economic Review, Vol.27, No.2, 1985, pp.357-374. https://doi.org/10.1016/S0014-2921(85)80020-9
- Rosen, S., "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, Vol.82, No.1, 1974, pp.34-55. https://doi.org/10.1086/260169
- Rucker, R.R, Thurman, W.N. and D.A. Sumner, "Restricting the Market for Quota: An Analysis of Tobacco Production Rights," Journal of Political Economy, Vol.103, No.1, 1995, pp.142-175. https://doi.org/10.1086/261979
- Sargan, J.D., "Wages and prices in the United Kingdom: a study in econometric methodology," in P.E. Hart, G. Mills and J.K. Whitaker (eds.), Econometric Analysis for National Economic Planning, Butterworth, 1964, pp.414-426.
- Silberberg, E., The Structure of Economics: A Mathematical Analysis, 2nd ed. McGraw-Hill publ. Co, New York, 1992, pp.216-222.
- Thurman, W.N. and Easley, J.E., Jr., "Valuing Changes in Commercial Fishery Harvests: A General Equilibrium Derived Demand Analysis," Journal of Environmental Economics and Management, Vol.22, No.2, 1992, pp.226-240. https://doi.org/10.1016/0095-0696(92)90030-Z
- Tsoa, E., W.E. Schrank, and N. Roy, "U.S. Demand for Selected Groundfish Products, 1967 - 80," American Journal of Agricultural Economics, Vol.63, No.2, 1982, pp.483-489.
- Wessells, C.R and J.E. Wile, "Seasonal Patterns and Regional Pre-ferences in Japanese Household Demand for Seafood," Canadian Journal of Agricultural Economics, Vol. 42, No.1, 1994, pp.87-103. https://doi.org/10.1111/j.1744-7976.1994.tb00008.x
- Wessells, C.R. C.J. Miller, and P.M. Brooks, "Toxic Algae Contamination and Demand for Shellfish:A Case Study of Demand for Mussels in Montreal," Marine Resource Review, Vol. 10, No.2, 1995, pp.377-395.
- Weymark, J.A., "Duality Results in Demand Theory," European Economic Review, Vol.14, No.3, 1980, pp.377-395. https://doi.org/10.1016/S0014-2921(80)80008-0
- Wong, K.K. Gary and McLaren, Keith R, "Specification and Estimation of Regular Inverse Demand Systems: A Distance Function Approach," American Journal of Agricultural Economics, Vol.87, No.4, 2005, pp.823-834. https://doi.org/10.1111/j.1467-8276.2005.00772.x