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A comment on consumer demand systems with binding non-negativity constraints

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  • Ransom, Michael R.

Abstract

Wales and Woodland (1983) have proposed an econometric model to deal with non-negativity constraints in systems of demand equations. This paper points out the relationship between the Wales-Woodland model and the "simultaneous Tobit" model of Amemiya (1974). This relationship is important because Amemiya has proposed a simple estimation procedure that can be utilized for some cases of the Wales-Woodland model. The issue of internal consistency for models of this type is discussed. I point out that internal consistency for the Wales-Woodland model is equivalent to the second order condition for systems without quantity constraints.
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Suggested Citation

  • Ransom, Michael R., 1987. "A comment on consumer demand systems with binding non-negativity constraints," Journal of Econometrics, Elsevier, vol. 34(3), pages 355-359, March.
  • Handle: RePEc:eee:econom:v:34:y:1987:i:3:p:355-359
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    Cited by:

    1. Huffman, Sonya Kostova, 1999. "Changes of household consumption behavior during the transition from centrally-planned to market-oriented economy," ISU General Staff Papers 1999010108000013568, Iowa State University, Department of Economics.
    2. Davis, Christopher G. & Blayney, Donald P. & Dong, Diansheng & Yen, Steven T. & Johnson, Rachel J., 2011. "Will Changing Demographics Affect U.S. Cheese Demand?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 43(02), May.
    3. Van Soest, Arthur & Kooreman, Peter, 1990. "Coherency of the indirect translog demand system with binding nonnegativity constraints," Journal of Econometrics, Elsevier, vol. 44(3), pages 391-400, June.
    4. Davis, Christopher G. & Dong, Diansheng & Blayney, Donald P. & Yen, Steven T. & Stillman, Richard, 2012. "U.S. Fluid Milk Demand: A Disaggregated Approach," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 0(Issue 1), pages 1-26, February.
    5. Soest, Arthur van & Kapteyn, Arie & Kooreman, Peter, 1993. "Coherency and regularity of demand systems with equality and inequality constraints," Journal of Econometrics, Elsevier, vol. 57(1-3), pages 161-188.
    6. Andrew Tan & Steven Yen & Rodolfo Nayga, 2009. "The Demand for Vices in Malaysia: An Ethnic Comparison Using Household Expenditure Data," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 37(4), pages 367-382, December.
    7. Victoria Prowse, 2004. "Estimating Time Demand Elasticities Under Rationing," Economics Papers 2004-W22, Economics Group, Nuffield College, University of Oxford.
    8. Kapteyn, Arie & Kooreman, Peter & van Soest, Arthur, 1990. "Quantity Rationing and Concavity in a Flexible Household Labor Supply Model," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 55-62, February.
    9. Millimet, Daniel L. & Tchernis, Rusty, 2008. "Estimating high-dimensional demand systems in the presence of many binding non-negativity constraints," Journal of Econometrics, Elsevier, vol. 147(2), pages 384-395, December.
    10. Victoria Prowse, 2004. "Estimating Time Demand Elasticities Under Rationing," Economics Series Working Papers 209, University of Oxford, Department of Economics.
    11. Olivier Donni & Eleonora Matteazzi, 2016. "Collective Decisions, Household Production, and the Labor Force Participation," THEMA Working Papers 2016-05, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    12. Mark M. Pitt & Daniel L. Millimet, 1999. "Estimation of Coherent Demand Systems with Many Binding Non-Negativity Constraints," Working Papers 99-4, Brown University, Department of Economics.
    13. Steven Yen & Hung-Hao Chang & Tsui-Fang Lin, 2013. "Out-of-pocket expenditures on traditional and Western medicine in Taiwan," International Journal of Public Health, Springer;Swiss School of Public Health (SSPH+), vol. 58(4), pages 583-592, August.
    14. Bente Halvorsen & Runa Nesbakken, 2004. "Accounting for differences in choice opportunities in analyses of energy expenditure," Discussion Papers 400, Statistics Norway, Research Department.
    15. Dong, Diansheng & Kaiser, Harry M., 2003. "Estimation of a Censored AIDS Model: A Simulated Amemiya-Tobin Approach," Research Bulletins 122113, Cornell University, Department of Applied Economics and Management.
    16. repec:eee:labchp:v:1:y:1986:i:c:p:103-204 is not listed on IDEAS
    17. Yen, Steven T. & Lin, Biing-Hwan & Davis, Christopher G., 2008. "Consumer knowledge and meat consumption at home and away from home," Food Policy, Elsevier, vol. 33(6), pages 631-639, December.
    18. repec:eee:ijrema:v:33:y:2016:i:1:p:123-139 is not listed on IDEAS
    19. van Soest, A.H.O., 1990. "Essays on micro-econometric models of consumer demand and the labour market," Other publications TiSEM be045d62-a73d-4d7c-a591-f, Tilburg University, School of Economics and Management.

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