Jensen, Frank; Nielsen, Max; Roth, Eva - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2003
This paper presents the theoretical properties of the Inverse Almost Ideal De-mand System and applies the system on time series data for cod, herring and plaice in Denmark (1986 to 2001). Furthermore, the shortcoming of the Inverse Almost Ideal Demand System when applied to welfare analysis is...
