Stockton, Matthew C.; Oral Capps Jr.; Bessler, David A. - In: Journal of Applied Economics XI (2008) May, pp. 167-191
To date, mixed demand systems have been all but ignored in empirical work. A possible reason for the scarcity of such … applications is that one needs to know a priori which prices and quantities are endogenous in the mixed demand system. By using a … causally identified mixed demand system. A statistical comparison is made of the traditional Rotterdam model, a synthetic …