Demographic Variables in Demand Systems: The Case for Generality
AbstractThis paper provides evidence in favour of greater generality in the demographic demand literature. We propose two demographic demand procedures. One extends the German model by allowing non-additive interaction between 'overheads' and 'Barten scaling.' The other extends 'Price Scaling,' by allowing the equivalence scale to vary with utility, and offers a test of 'Equivalence Scale Exactness' (ESE). The rejection of ESE is robust to the assumed demand functional forms (RNLPS, QAIDS), to items chosen, and the estimation method (MLE, GMM). The results show that published cell averages yield well determined estimates of the demographic generalisation parameters.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Springer in its journal Empirical Economics.
Volume (Year): 21 (1996)
Issue (Month): 2 ()
Contact details of provider:
Postal: Stumpergasse 56, A-1060 Vienna
Phone: ++43 - (0)1 - 599 91 - 0
Fax: ++43 - (0)1 - 599 91 - 555
Web page: http://link.springer.de/link/service/journals/00181/index.htm
More information through EDIRC
Other versions of this item:
- Ray, R., 1995. "Demographic Variables in Demand Systems: The Case for Generality," Papers 1995-08, Tasmania - Department of Economics.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- J. V. Meenakshi & Ranjan Ray, 1999.
"Regional differences in India's food expenditure pattern: a complete demand systems approach,"
Journal of International Development,
John Wiley & Sons, Ltd., vol. 11(1), pages 47-74.
- Meenakshi, J.V. & Ray, R., 1996. "Regional Differences in India's Food Expenditure Pattern: A Complete Demand Systems Approach," Papers 1996-06, Tasmania - Department of Economics.
- Laura Blow, 2003. "Demographics in demand systems," IFS Working Papers W03/18, Institute for Fiscal Studies.
- Lyssiotou, Panayiota, 2012. "Demographics and demand: Evaluation of alternative functional forms," Economics Letters, Elsevier, vol. 117(3), pages 627-631.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.