Brown, Mark G.; Behr, Robert M.; Lee, Jonq-Ying - In: Journal of Agricultural and Resource Economics 19 (1994) 01
The question of endogeneity of conditional expenditures, as well as prices, in conditional demand equations for justices is examined. Both conditional expenditures and prices were found to be uncorrelated with the conditional demand errors, based on Wu-Hausman tests. Conditional demand error...