A LINEAR INVERSE DEMAND SYSTEM

We present an inverse demand that can be estimated in a linear form. The model is derived from a specification of the distance function which is parametrically similar to the cost function underlying the Almost Ideal Demand System. Simulation results suggest that this linear inverse demand system has good approximation properties.

MoreLess

Year of publication:	1992
Authors:	Moschini, GianCarlo ; Vissa, Anuradha
Published in:	Journal of Agricultural and Resource Economics. - Western Agricultural Economics Association - WAEA. - Vol. 17.1992, 02
Publisher:	Western Agricultural Economics Association - WAEA
Subject:	Demand and Price Analysis

More details

Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005805464