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Persistent link: https://www.econbiz.de/10010580281
An AIDS-like demand system model is developed with an easy-to-calculate chain-price index that replaces the price index in the original AIDS.
Persistent link: https://www.econbiz.de/10010580516
Preference variables are included in the inverse Rotterdam model based on the Tintner-Ichimura-Basmann relationship linking preference effects on quantities demanded to price effects and preference effects on marginal utilities. Restrictions are placed on the effects of the preference variables...
Persistent link: https://www.econbiz.de/10009390712