This paper represents static and dynamic specifications of the Almost Ideal Demand System (AIDS) based on cointegration techniques and error correction models. Based on Iranian urban-area’s household expenditure data over the period 1984-2004, it was found that the proposed formulation for...

This paper represents static and dynamic specifications of the Almost Ideal Demand System (AIDS) based on cointegration techniques and error correction models. Based on Iranian urban-area’s household expenditure data over the period 1984-2004, it was found that the proposed formulation for...

This paper represents static and dynamic specifications of the Almost Ideal Demand System (AIDS) based on cointegration techniques and error correction models. Based on Iranian urban-area’s household expenditure data over the period 1984-2004, it was found that the proposed formulation for...