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Many budget surveys present the interesting features that for a wide range of goods they contain quantity information along with expenditure information, and that the geographical location of households is fairly precise. We take advantage of these features to develop a method for estimation of...
Persistent link: https://www.econbiz.de/10011449002
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
Persistent link: https://www.econbiz.de/10011860853
Persistent link: https://www.econbiz.de/10001750804
Persistent link: https://www.econbiz.de/10001699810
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
Persistent link: https://www.econbiz.de/10010293006
Many budget surveys present the interesting feature that for a wide range of goods they contain information, not only on expenditures, but also on quantities consumed. This allows the computation of individual unit values for the spending of each household on any good for which this is true. The...
Persistent link: https://www.econbiz.de/10005509513
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
Persistent link: https://www.econbiz.de/10005727575
Persistent link: https://www.econbiz.de/10006763075
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
Persistent link: https://www.econbiz.de/10013428112