Fujii, Edwin T.; Khaled, Mohammed; Mak, James - In: Philippine Review of Economics 24 (1987) 1&2, pp. 79-102
In this paper, we employ the systems approach to the estimation of demand equations. We model visitor expenditures on six different categories of goods at a major resort destination,Hawaii.This study breaks new ground in several respects: (a) we apply systems estimation techniques to a new area...