Li, Lianyou; Song, Ze; Ma, Chao - In: Economic Modelling 44 (2015) C, pp. 236-242
On the basis of local concavity assumptions, Exact Affine Stone Index implicit Marshallian demand system is adopted to analyze Engel Curves and price elasticity for Chinese urban household. Our results show that a demand system rank can be polynomials or splines of any order which support the...