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Consistent aggregation of production data across commodities and states was tested using Lewbel's generalized composite … commodity theorem (GCCT). This was the first empirical GCCT test for consistent geographic aggregation and was applied to two … groups of states. Consistent commodity aggregation was tested in all states for two output groups and three input groups and …
Persistent link: https://www.econbiz.de/10005805929
-agriculture. Standard aggregation procedures ignore the variability within sectors, and underweight the importance of highly protected … that using optimal aggregation procedures increases the measured importance of agricultural trade reform relative to non …
Persistent link: https://www.econbiz.de/10009021173
Replaced with revised version of paper 06/15/11.
Persistent link: https://www.econbiz.de/10009021529
Economists often use aggregate time series data to estimate consumer demand functions. Some of the popular applied demand systems have a PIGLOG form. In the most general PIGLOG cases the “average” demand for a good is a function of the representative consumer expenditure not the average...
Persistent link: https://www.econbiz.de/10011070020
separability conditions for aggregation have been rejected is reconsidered to determine if aggregation can be based on the GCCT … of formulating aggregates prior to conducting tests for aggregation is addressed. …
Persistent link: https://www.econbiz.de/10005503209
The generalized composite commodity theorem (Lewbel 1996) is used to test for consistent aggregation of U.S. and … aggregated into as few as five categories. The aggregation of all outputs into a single output cannot be supported in either …
Persistent link: https://www.econbiz.de/10005338787