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A variety of censored dependent variable models are used to identify the impacts of social and economic variables on the decision to consume and the amount of expenditure on tobacco in Turkey. Using data from the Turkish Household Expenditure Survey, the odds of smoking and spending level on...
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Demands for sixteen food products are investigated, using data from the Turkish Household Expenditure Survey. The linear approximate almost ideal demand system (LAIDS) is estimated with Shonkwiler and Yen’s two-step procedure. All own-price elasticities are negative and expenditure...
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We extend the Tobit (censored) linear equation system procedure to utility-theoretic demand functions, along with a mapping mechanism to impose the adding-up restriction implied by consumer utility maximization theory—a theoretical restriction very often ignored in previous empirical studies...
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