Estimation of an effectively globally regular demand system: An application to United States meat consumption
AbstractA combination of Cooper and McLaren's modified almost ideal demand system (AIDS) and Moschini's semiflexible AIDS specification gives an effective globally regular demand system. Using the United States meat price and consumption data, the effectively globally regular demand system was estimated and compared to Cooper and McLaren's modified AIDS. The Likelihood Dominance Criterion showed that Cooper and McLaren's modified AIDS was actually better model than the effectively globally regular demand system proposed. The reason may be due to the fact that the violation of the curvature conditions is not significant for the given data.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Springer in its journal Empirical Economics.
Volume (Year): 27 (2002)
Issue (Month): 4 ()
Note: Received: September 1998/Final Version Received: April 2001
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
Find related papers by JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
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.