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Persistent link: https://www.econbiz.de/10005269721
A quasi-maximum-likelihood estimator is proposed and applied to a censored Translog demand system for foods, using a sample of food stamp recipients in the United States. The procedure produces remarkably close parameter and elasticity estimates to those of the simulated-maximum-likelihood...
Persistent link: https://www.econbiz.de/10009392668
Household beverage consumption is investigated using data from the National Food Stamp Program Survey conducted in the United States. A censored Translog demand system is estimated with the full-information maximum-likelihood procedure. All own-price effects are negative and significant, and...
Persistent link: https://www.econbiz.de/10008570194
Persistent link: https://www.econbiz.de/10005275819