Zhang, Lisha; Seale, James L. Jr. - Agricultural and Applied Economics Association - AAEA - 2014
one, under the assumption of the separability between domestic and foreign goods, we fit the Rotterdam model to the import … of origin. Again the Rotterdam model is fit to the data and conditional expenditure and price elasticities are calculated … method formulates the problem in two-stage procedure. In the first stage, a Rotterdam model is fit to the U.S. domestic …