Analysis of Import Demand for Wooden Beds in the U.S.

Wan, Yang; Sun, Changyou; Grebner, Donald L.

doi:10.1017/s1074070800003862

Cited by 28 publications

(24 citation statements)

References 29 publications

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“…The political climate in Vietnam has been relatively stable in recent years and its workforce is generally diligent. Vietnam also has benefited from the US antidumping investigation that resulted in duties being placed on Chinese wooden bedroom furniture since 2005 (Wan et al, 2010a). Survey studies revealed that a large number of Taiwanese furniture firms have moved their factories to Vietnam in recent years (Tung, 2009).…”

Section: Vietnam's Growthmentioning

confidence: 99%

Price dynamics in the import wooden bed market of the United States

Sun

2011

Forest Policy and Economics

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Section: Vietnam's Growthmentioning

confidence: 99%

Price dynamics in the import wooden bed market of the United States

Sun

2011

Forest Policy and Economics

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“…If more than one non-stationary time series is found to be co-integrated, the ECM-AIDS model can be introduced to estimate the short-term dynamics in which a dependent variable deviates and returns to long-term equilibrium after a change in an independent variable. At the same time, it reveals the longterm equilibrium and co-integration relationship among variables in equation (1) while the residuals that are calculated from the static AIDS are stationary (Wan et al 2010, Nzaku et al 2012, Wang 2013.…”

Section: Methodsmentioning

confidence: 96%

Analysis of the log import market and demand elasticity in China

Cheng

Wei-ming²

2015

The Forestry Chronicle

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Using country-specific data from 1992 to 2012, we estimated the demand elasticity of the log import market using the source-differentiated Almost Ideal Demand System (AIDS) model, the Error Correction Model (ECM), and both models in combination (ECM-AIDS), considering imports from Australia, Canada, Indonesia, Malaysia, Myanmar, New Zealand, Russia, and the United States. Regardless of which model used, the expenditure elasticity values were mostly positive, indicating a positive correlation between import volume and total import expenditure. Self-compensated price elasticity was negative, indicating that logs from all countries except Malaysia are relatively more sensitive to price, while import volumes from these countries are less sensitive to price. Cross-price elasticity values calculated using the static AIDS model showed that logs imported from Malaysia, Myanmar, and Russia are mutually complementary with logs imported from the other countries. Logs from Australia, Malaysia, and Indonesia; Canada and Indonesia; the US and New Zealand; and, Myanmar and Indonesia are mutually replaceable. The dynamic AIDS model found the same pattern regarding supplementarity, but indicated that logs from Australia, Canada, and Indonesia; the US and New Zealand; New Zealand and Indonesia; and Myanmar and Indonesia are mutually replaceable.

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“…We estimate import demand elasticities for each grain commodity by source countries using a source differentiated Almost Ideal Demand System model, a model that has been frequently used in the literature to analyze the import demand (Carew, Florkowski, & He, 2004;Henneberry & Hwang, 2007;Wan, Sun, & Grebner, 2010;Yang & Koo, 1994). The model specification is: 5…”

Section: The Import Demand Modelmentioning

confidence: 99%

Tariff quota administration in China's grain markets: An empirical assessment

Chen

Villoria

Xia

2020

Agricultural Economics

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In 2016, the U.S. launched a trade dispute against China at the World Trade Organization, arguing that China has been restricting its grain imports via tariff quota administration. Despite sharp criticisms by the U.S., the extent to which the grain imports were restricted in China remains largely unknown, primarily due to that China's grain import behaviors are still under‐researched. The U.S. grain export sector might actually gain little from China's grain trade liberalization in the short run, since China has become less import dependent on the U.S. through the pursuit of import diversification. In this context, this article aims to quantify impacts of the tariff quota administration on China's grain imports from its trading partners. We calculate ad valorem tariff equivalents of the tariff quota administration and then estimate import demand elasticities using a source differentiated import demand model. We find that the tariff quota administration might have reduced China's quota fill rates for the grain commodities by 10–35% during 2013–2017. In particular, the U.S. wheat exports to China were largely negatively affected. We also find that the tariff quota administration in China acts like a variable import levy—its import restrictiveness varies negatively with world prices, leading to lower import demand elasticities.

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Analysis of Import Demand for Wooden Beds in the U.S.

Cited by 28 publications

References 29 publications

Price dynamics in the import wooden bed market of the United States

Price dynamics in the import wooden bed market of the United States

Analysis of the log import market and demand elasticity in China

Tariff quota administration in China's grain markets: An empirical assessment

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