Blundell, Richard W.; Horowitz, Joel; Parey, Matthias - 2009
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 …