Millimet, Daniel L.; Tchernis, Rusty - In: Journal of Econometrics 147 (2008) 2, pp. 384-395
Two econometric issues arise in the structural estimation of consumer or producer demand systems in the presence of many binding non-negativity constraints. Firstly, most existing methods entail the evaluation of multivariate probability integrals. Secondly, the issue of statistical coherency...