Testing for Shape Invariance of Semiparametric Equivalence Scales

Within a semiparametric framework we propose a test of shape invariance of Engel curves, which is a necessary condition for base independence. Using Canadian family expenditure data for 1996 we reject shape invariance for the fuel and clothing share equations.

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Year of publication:	2007
Authors:	Stengos, Thanasis ; Wang, Dianqin
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 4.2007, 21, p. 1-11
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	D1 - Household Behavior and Family Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005094835