TY - JOUR
T1 - Imputing license prices
T2 - Limitations of a cost-based approach
AU - Krishna, Kala
AU - Martin, Will
AU - Tan, Ling Hui
PY - 1997/4
Y1 - 1997/4
N2 - 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.
AB - 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.
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U2 - 10.1016/S0304-3878(96)00447-6
DO - 10.1016/S0304-3878(96)00447-6
M3 - Article
AN - SCOPUS:0031405835
SN - 0304-3878
VL - 52
SP - 355
EP - 374
JO - Journal of Development Economics
JF - Journal of Development Economics
IS - 2
ER -