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Many budget surveys present the interesting features that for a wide range of goods they contain quantity information along with expenditure information, and that the geographical location of households is fairly precise. We take advantage of these features to develop a method for estimation of...
Persistent link: https://www.econbiz.de/10011449002
The availability of quantity information along with expenditure information in some household surveys allows the …
Persistent link: https://www.econbiz.de/10011427724
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
Persistent link: https://www.econbiz.de/10013428112