농업경제연구

Korean Agricultural Economics Association

제목 Feenstra-UPI 지수를 이용한 과채류 신품종 도입의 소비자 후생효과 분석
저자 권오상, 윤지원, 이승호
발행정보 58권 1호 (2017년 3월) 페이지 1~22
키워드
초록 This study estimated the consumer welfare effects of introducing new varieties of fruits and vegetables to Korea markets. The Feenstra-UPI indices of apple, peach, and strawberry were estimated for the period between 2005 and 2015. The elasticities of substitution between varieties were estimated with a GMM method. It was shown that the variety adjustment terms in the indices are substantial. Due to the great market success of a domestically developed variety, the term was the largest for strawberry. Our study compared the price change effects of the conventional Feenstra index with that of UPI suggested by Redding and Weinstein (2016). It was found that price change effects are smaller in the latter index owing to the shifts in preference toward varieties with higher rates of price increase.
논문파일 농업경제연구-2017(58권제1호)-국문-01.pdf