Demography 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 InfoPaper provided by UBC Department of Economics in its series UBC Departmental Archives with number 93-11.
Length: 19 pages
Date of creation: 1993
Date of revision:
Contact details of provider:
demography ; pricing;
Other versions of this item:
- Ray, Ranjan, 1996. "Demographic Variables in Demand Systems: The Case for Generality," Empirical Economics, Springer, vol. 21(2), pages 307-15.
- 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.
- 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.
- Meenakshi, J.V. & Ray, R., 1996.
"Regional Differences in India's Food Expenditure Pattern: A Complete Demand Systems Approach,"
1996-06, Tasmania - Department of Economics.
- 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maureen Chin).
If references are entirely missing, you can add them using this form.