패널자료를 이용한 사과, 배, 감귤, 오렌지 수요체계 분석 = An Estimation of Apple, Pear, Tangerine, Orange Demand System with Panel Data

다국어 초록 (Multilingual Abstract)

We analyzed the fruits demand system by using Korean consumer panel pooling data. With estimating the AIDS model, we adopted Full Information Maximum Likelihood(FIML) method. And from the Likelihood Ratio(LR) test, we found that homogeneity constraint was rejected but symmetry constraint was accepted. Therefore we concluded that AIDS model with only symmetry constraint was suitable for analyzing demand for fruits. Furthermore we found that demand of Korean domestic fruits(pear, tangerine and apple) and imported orange would be bigger drop in economic recession and reducing expenditure than higher fruit price. Also, imported orange demand would not be affected by price fluctuation of Korean fruits.

참고문헌 (Reference)

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