@article{Washington:15070,
      recid = {15070},
      author = {Washington, Andrew A. and Kilmer, Richard L.},
      title = {THE PRODUCTION THEORY APPROACH TO IMPORT DEMAND ANALYSIS:  A COMPARISON OF THE ROTTERDAM MODEL AND THE DIFFERENTIAL  PRODUCTION APPROACH},
      journal = {Journal of Agricultural and Applied Economics},
      address = {2002-12},
      number = {1379-2016-113438},
      pages = {3},
      year = {2002},
      abstract = {Results indicate that, when comparing the unconditional  derived-demand elasticities to the unconditional consumer  demand elasticities, significant differences emerge due to  the differences in the first-stage estimation procedure  between the differential production approach and the  Rotterdam model.  In comparing the consumer demand  price/corss-price elasticities to the derived-demand  price/cross-price elasticities, it is clear that use of the  Rotterdam model when a production approach should be used  can lead to overestimation, underestimation, and incorrect  signs in deriving unconditional price effects.},
      url = {http://ageconsearch.umn.edu/record/15070},
      doi = {https://doi.org/10.22004/ag.econ.15070},
}