Restrictions on autogressive error processes in systems of demand equations

Alternative theoretically based restrictions on autoregressive error processes in systems of demand equations are examined. Scaling, translation, and a utility-based approach suggested by Theil are used to generate restrictions. A study of juice demands suggests that the restrictions examined may be useful for empirical analysis.

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Year of publication:	1993
Authors:	Brown, Mark G.
Institutions:	Florida Department of Citrus
Subject:	augoregressive error processes \| Rotterdam model \| juice demand \| Demand and Price Analysis

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Extent:	application/pdf
Series:	Research Papers 2005 and Before.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Research Papers 2005 and Before Number 52736
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005026729