IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIET

Several imputation approaches using a large sample and different levels of censoring are compared and contrasted following a multiple imputation methodology. The study not only discusses these imputation approaches, but also quantifies differences in price variability before and after price imput...

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Main Author: Jose Antonio Lopez
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2014-04-01
Series:International Journal of Food and Agricultural Economics
Subjects:
Online Access:http://www.foodandagriculturejournal.com/vol2.no2.pp29.pdf
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author Jose Antonio Lopez
author_facet Jose Antonio Lopez
author_sort Jose Antonio Lopez
collection DOAJ
description Several imputation approaches using a large sample and different levels of censoring are compared and contrasted following a multiple imputation methodology. The study not only discusses these imputation approaches, but also quantifies differences in price variability before and after price imputation, evaluates the performance of each method, and estimates and compares parameters and elasticities from a complete demand system. The study’s findings reveal that small variability among the mean prices from the various imputation approaches may result in relatively larger variability among the underlying parameter estimates of interest and the ultimately desired measures. This suggests that selection bias may be avoided or reduced by validating the imputation approaches and choosing the imputation method based on an analysis of the ultimately desired measures.
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spelling doaj.art-bbe61fcb31f9417db810a8d0d7e286122023-02-15T16:17:51ZengInternational Journal of Food and Agricultural EconomicsInternational Journal of Food and Agricultural Economics2147-89882014-04-01222948IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIETJose Antonio Lopez0Texas A&M University-Commerce, USASeveral imputation approaches using a large sample and different levels of censoring are compared and contrasted following a multiple imputation methodology. The study not only discusses these imputation approaches, but also quantifies differences in price variability before and after price imputation, evaluates the performance of each method, and estimates and compares parameters and elasticities from a complete demand system. The study’s findings reveal that small variability among the mean prices from the various imputation approaches may result in relatively larger variability among the underlying parameter estimates of interest and the ultimately desired measures. This suggests that selection bias may be avoided or reduced by validating the imputation approaches and choosing the imputation method based on an analysis of the ultimately desired measures.http://www.foodandagriculturejournal.com/vol2.no2.pp29.pdf: Censored priceselasticitiesimputation methodsmultiple imputationprotein demand
spellingShingle Jose Antonio Lopez
IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIET
International Journal of Food and Agricultural Economics
: Censored prices
elasticities
imputation methods
multiple imputation
protein demand
title IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIET
title_full IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIET
title_fullStr IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIET
title_full_unstemmed IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIET
title_short IMPUTATION METHODS AND APPROACHES: AN ANALYSIS OF PROTEIN SOURCES IN THE MEXICAN DIET
title_sort imputation methods and approaches an analysis of protein sources in the mexican diet
topic : Censored prices
elasticities
imputation methods
multiple imputation
protein demand
url http://www.foodandagriculturejournal.com/vol2.no2.pp29.pdf
work_keys_str_mv AT joseantoniolopez imputationmethodsandapproachesananalysisofproteinsourcesinthemexicandiet