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cost function underlying the demand system does not satisfy the regularity conditions at each observation, the likelihood … illustrated with a series of simulated demand systems derived from the translog indirect random utility function. The results … probability integrals. The second is the relationship between demand theory and statistical coherency. If the indirect utility or …
Persistent link: https://www.econbiz.de/10010420241
cost function underlying the demand system does not satisfy the regularity conditions at each observation, the likelihood … illustrated with a series of simulated demand systems derived from the translog indirect random utility function. The results … probability integrals. The second is the relationship between demand theory and statistical coherency. If the indirect utility or …
Persistent link: https://www.econbiz.de/10011503892
cost function underlying the demand system does not satisfy the regularity conditions at each observation, the likelihood … illustrated with a series of simulated demand systems derived from the translog indirect random utility function. The results … probability integrals. The second is the relationship between demand theory and statistical coherency. If the indirect utility or …
Persistent link: https://www.econbiz.de/10005094146
This paper introduces a new way to calculate and represent graphically a large number of elasticities of demand and … elasticities of demand and supply that are interacting together in the same graphical space and time. Hence, we try it to find two … synchronized general common elasticities that one is for demand and another one for supply in the market for any good or service …
Persistent link: https://www.econbiz.de/10014264001
The main goal of this paper is to analyze the demand for alcoholic beverages among Spanish young males and females. To … Addiction in a Quadratic Almost Ideal Demand System. We carry out the estimations with data mainly drawn from the Spanish … the budget share allocated to buy alcoholic beverages, so fiscal policies will reduce the alcohol demand among teenagers …
Persistent link: https://www.econbiz.de/10008616840
Persistent link: https://www.econbiz.de/10011482329
Persistent link: https://www.econbiz.de/10009719622
Persistent link: https://www.econbiz.de/10012692634
Persistent link: https://www.econbiz.de/10012697103
This paper aimed to study the production behavior of the coffee production and the existing relationships in the factor markets in the States of Minas Gerais and São Paulo, during the period from 1975 to 2001. Specifically, it is evaluated the sensitiveness of the input use in response to price...
Persistent link: https://www.econbiz.de/10011149506