On The Estimation Of Separable Demand Models
Alternative stochastic specification of conditional demand models are considered. The results of LaFrance concerning the inconsistency of least squares are supported, but the class of models that allow standard instrumental variable estimation is broadened considerably.
Volume (Year): 18 (1993)
Issue (Month): 02 (December)
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- LaFrance, Jeffrey T., 1991. "When Is Expenditure "Exogenous" In Separable Demand Models?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(01), July.
- Bieri, Jurg & Janvry, Alain de, 1972. "Empirical Analysis of Demand Under Consumer Budgeting," Monographs, University of California, Davis, Giannini Foundation, number 251916, October.
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