| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 962573 | Journal of International Economics | 2013 | 11 Pages |
Abstract
⺠We investigate daily data of wholesale prices of agricultural products in Japan. ⺠We model the product delivery patterns and regional price differentials in the data. ⺠Ignoring delivery choices biases downwardly distance effects on price differentials. ⺠We estimate a sample-selection model imposing the model's theoretical restrictions. ⺠We find much larger estimates of the distance elasticity of price differential.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kazuko Kano, Takashi Kano, Kazutaka Takechi,