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the determinants of the demand for private education in England from the ages of 7 until 15 (the last year of compulsory … factors that are correlated with private school prices and/or the quality of state schools that also impact on the demand for … the demand for private schooling is inversely related to private school fees as well as the quality of state schooling in …
Persistent link: https://www.econbiz.de/10008657859
This paper develops a new method for estimating the demand function for gasoline and the deadweight loss due to an … economic theory to improve the precision of a nonparametric estimate of the demand function. Using data from the U.S. National … Household Travel Survey, we show that the restrictions are consistent with the data on gasoline demand and remove the anomalous …
Persistent link: https://www.econbiz.de/10003838977
This paper develops a new method for estimating a demand function and the welfare consequences of price changes. The … method is applied to gasoline demand in the U.S. and is applicable to other goods. The method uses shape restrictions derived … from economic theory to improve the precision of a nonparametric estimate of the demand function. Using data from the U …
Persistent link: https://www.econbiz.de/10009230288
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This paper develops a new method for estimating a demand function and the welfare consequences of price changes. The … method is applied to gasoline demand in the United States and is applicable to other goods. The method uses shape … restrictions derived from economic theory to improve the precision of a nonparametric estimate of the demand function. Using data …
Persistent link: https://www.econbiz.de/10011756415
group rather than the true individual value. In consumer demand this form of measurement error is present because the price … show the importance of such measurement errors for the estimation of demand in a setting with nonseparable unobserved … heterogeneity. We develop a consistent estimator using external information on the true distribution of prices. Examining the demand …
Persistent link: https://www.econbiz.de/10011935703
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