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On The Estimation Of Separable Demand Models

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  • Edgerton, David L.

Abstract

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.

Suggested Citation

  • Edgerton, David L., 1993. "On The Estimation Of Separable Demand Models," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(2), pages 1-6, December.
    • Handle: RePEc:ags:jlaare:30956
    DOI: 10.22004/ag.econ.30956
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    References listed on IDEAS

    as
    1. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
    2. Bieri, Jurg & Janvry, Alain de, 1972. "Empirical Analysis of Demand Under Consumer Budgeting," Monographs, University of California, Davis, Giannini Foundation, number 251916.
    3. Anderson, Ronald W, 1979. "Perfect Price Aggregation and Empirical Demand Analysis," Econometrica, Econometric Society, vol. 47(5), pages 1209-1230, September.
    4. LaFrance, Jeffrey T., 1991. "When Is Expenditure "Exogenous" In Separable Demand Models?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(01), pages 1-14, July.
    Full references (including those not matched with items on IDEAS)

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