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Publication Type
Book Chapter
UWI Author(s)
Author, Analytic
Alleyne, Dillon
Author Affiliation, Ana.
Department of Economics
Title, Analytic
The demand for imports in Jamaica: 1972-2000
Medium Designator
n/a
Connective Phrase
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Author, Monographic
Karagiannis, Nikolaos.; Witter, Michael.
Author Role
Editors
Title, Monographic
The Caribbean economies in an era of free trade
Reprint Status
n/a
Edition
n/a
Place of Publication
Aldershot
Publisher Name
Ashgate
Date of Publication
2004
Volume ID
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Issue ID
n/a
Page(s)
187-203
Series Editor
n/a
Series Editor Role
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Series Title
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Series Volume Identification
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Series Issue Identification
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Connective Phrase
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Location/URL
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Notes
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Abstract
Aims to investigate the hypothesis that imports are separable from primary factors of production in Jamaica, and to do so, a three input - two output translog cost function is estimated. This function allows for testing a wide variety of hypotheses without imposing these a priori. Notes that real output is divided into tradeable and non-tradeable goods produced by three factors of production - imported materials, capital and labour services. The share equations are derived, and price elasticities of demand for inputs are estimated based on the model for the period 1972 to 1998. The rest of the chapter is made up of four sections. Section 2 examines the translog model as well as the data requirements. Section 3 reports the estimation technique, testing and results. Section 4 compares the results with those of a number of similar studies. Closes with a summary and some concluding remarks.....
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