Econometric estimation of PCAIDS models

This paper presents a version of the proportionally calibrated almost ideal demand system (PCAIDS) model, useful for merger simulations, which can be econometrically estimated using price data for two firms in a market. The model is then applied to a database of the Argentine gasoline market, and its results are compared to the ones obtained with other alternative specifications.

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Year of publication:	2004
Authors:	Coloma, Germán
Publisher:	Buenos Aires : Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
Subject:	PCAIDS \| demand estimation \| merger simulations \| Argentine gasoline market

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Series:	Serie Documentos de Trabajo ; 276
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	473093561 [GVK] hdl:10419/84478 [Handle] RePEc:cem:doctra:276 [RePEc]
Classification:	C51 - Model Construction and Estimation ; C33 - Models with Panel Data ; L71 - Mining, Extraction, and Refining: Hydrocarbon Fuels
Source:	EconStor

Persistent link: https://www.econbiz.de/10010323340