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A Linear Inverse Demand System

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  • Moschini, GianCarlo
  • Vissa, Anuradha

Abstract

We present an inverse demand that can be estimated in a linear form. The model is derived from a specification of the distance function which is parametrically similar to the cost function underlying the Almost Ideal Demand System. Simulation results suggest that this linear inverse demand system has good approximation properties.

Suggested Citation

  • Moschini, GianCarlo & Vissa, Anuradha, 1992. "A Linear Inverse Demand System," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(2), pages 1-9, December.
    • Handle: RePEc:ags:jlaare:30954
    DOI: 10.22004/ag.econ.30954
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    References listed on IDEAS

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    Demand and Price Analysis;

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