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This paper suggests a new approach to econometrically estimate parameters of multi-level Constant Elasticity of Transformation (CET) functional forms which are widely used in developing Computable General Equilibrium (CGE) models. An illustrative CET functional form is estimated using the...
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We constructed demographic profiles of each market area by aggregating circa-1990 county US census data. We constructed a measure for market level food stamp benefits using 1990 county-level food stamp benefit data supplied by the USDA. This is the key explanatory variable in regressions in...
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