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This paper analyses Turkish household food consumption, using data from the 2003 Turkish Household Expenditure Survey. A complete demand system is estimated taking into account demographic differences and zero consumption. The highest expenditure elasticity is found for the meat and meat...
Persistent link: https://www.econbiz.de/10012759130
Researchers prefer to use a demand system that best fits their data. This paper examines a nonnested test of comparison between the quadratic expenditure system (QES) and the almost ideal demand system (AIDS). We determine which model is more suitable by analyzing the value and the significance...
Persistent link: https://www.econbiz.de/10004975667