Estimation of Price Elasticities from Cross-Sectional Data
AbstractThis study develops an empirical framework that can be used to estimate quality-adjusted price elasticities from cross-sectional data, which are theoretically consistent and comparable to elasticities from time-series data. The new approach shows the importance of properly adjusting for quality variation in demand analysis.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2001 Annual meeting, August 5-8, Chicago, IL with number 20517.
Date of creation: 2001
Date of revision:
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Demand and Price Analysis;
Other versions of this item:
- Chanjin Chung & Diansheng Dong & Todd M. Schmit & Harry M. Kaiser & Brian W. Gould, 2005. "Estimation of price elasticities from cross-sectional data," Agribusiness, John Wiley & Sons, Ltd., vol. 21(4), pages 565-584.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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