Imputing license prices

Limitations of a cost-based approach

Kala Krishna, Will Martin, Ling Hui Tan

Research output: Contribution to journalArticle

Abstract

In this paper, we make use of recently available data on Indonesian Multi-Fibre Arrangement quota license prices to examine the accuracy of the procedure commonly used in the literature to impute such prices from Hong Kong data. We find that the actual Indonesian license prices fall short of the imputed license prices in most instances. We provide some possible explanations for this outcome, and re-do the calculations to adjust for these additional considerations.

Original languageEnglish (US)
Pages (from-to)355-374
Number of pages20
JournalJournal of Development Economics
Volume52
Issue number2
DOIs
StatePublished - Jan 1 1997

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license
costs
cost
Multifiber Arrangement
Hong Kong
price
Costs
License

All Science Journal Classification (ASJC) codes

  • Development
  • Economics and Econometrics

Cite this

Krishna, Kala ; Martin, Will ; Tan, Ling Hui. / Imputing license prices : Limitations of a cost-based approach. In: Journal of Development Economics. 1997 ; Vol. 52, No. 2. pp. 355-374.
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Imputing license prices : Limitations of a cost-based approach. / Krishna, Kala; Martin, Will; Tan, Ling Hui.

In: Journal of Development Economics, Vol. 52, No. 2, 01.01.1997, p. 355-374.

Research output: Contribution to journalArticle

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