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The Estimation of Mixed Demand Systems

In: Contributions to Consumer Demand and Econometrics

Author

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  • Anton P. Barten

Abstract

In applied demand analysis the quantities demanded are usually explained as a function of prices and total expenditure. Complete systems of such demand functions describe in this way all (groups of) commodities in the budget of the consumer. They reflect the basic assumptions about utility maximizing behaviour of the consumer by the parametrization of the functions. The Rotterdam demand system of Theil (1965) may serve as an example of such a regular system.

Suggested Citation

  • Anton P. Barten, 1992. "The Estimation of Mixed Demand Systems," Palgrave Macmillan Books, in: Ronald Bewley & Tran Hoa (ed.), Contributions to Consumer Demand and Econometrics, chapter 3, pages 31-57, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-12221-9_3
    DOI: 10.1007/978-1-349-12221-9_3
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    Citations

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    Cited by:

    1. Clements, Kenneth W. & Gao, Grace, 2015. "The Rotterdam demand model half a century on," Economic Modelling, Elsevier, vol. 49(C), pages 91-103.
    2. Hjertstrand, Per, 2022. "Nonparametric Analysis of the Mixed-Demand Model," Working Paper Series 1430, Research Institute of Industrial Economics.
    3. Ludo Peeters & Yves Surry & Anja Cielen, 1997. "Testing alternative dynamic specifications: an application to meat demand in Belgium," Applied Economics Letters, Taylor & Francis Journals, vol. 4(12), pages 745-749.
    4. Färe, Rolf & Grosskopf, Shawna & Hayes, Kathy J. & Margaritis, Dimitris, 2008. "Estimating demand with distance functions: Parameterization in the primal and dual," Journal of Econometrics, Elsevier, vol. 147(2), pages 266-274, December.

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