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Further Results on Aggregation of Differential Demand Equations

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  • E. A. Selvanathan

Abstract

Barnett (1979a, 1981) Theil's extending (1971) work, aggregates differential demand equations in absolute (undeflated) prices. This paper extends further these results by deriving aggregate (macro) demand equations in relative prices under stated assumptions. These equations are analogous to the individual consumer's (micro) demand equations and the properties of the microcoefricients carry over.

Suggested Citation

  • E. A. Selvanathan, 1991. "Further Results on Aggregation of Differential Demand Equations," Review of Economic Studies, Oxford University Press, vol. 58(4), pages 799-805.
  • Handle: RePEc:oup:restud:v:58:y:1991:i:4:p:799-805.
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    References listed on IDEAS

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    1. William A. Barnett, 1979. "Theoretical Foundations for the Rotterdam Model," Review of Economic Studies, Oxford University Press, vol. 46(1), pages 109-130.
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    Cited by:

    1. E.A. Selvanathan, 1987. "The Economic Theory of the Consumer," Economics Discussion / Working Papers 87-05, The University of Western Australia, Department of Economics.
    2. K.W. Clements & E.A. Selvanathan & S. Selvanathan, 1989. "Henri Theil's Contributions to Demand Analysis," Economics Discussion / Working Papers 89-13, The University of Western Australia, Department of Economics.
    3. Clements, Kenneth W. & Gao, Grace, 2015. "The Rotterdam demand model half a century on," Economic Modelling, Elsevier, vol. 49(C), pages 91-103.
    4. Clements, Kenneth W & Selvanathan, Antony & Selvanathan, Saroja, 1996. "Applied Demand Analysis: A Survey," The Economic Record, The Economic Society of Australia, vol. 72(216), pages 63-81, March.
    5. Kenneth Clements & Wana Yang & Simon Zheng, 1997. "Is utility additive? The case of alcohol," Applied Economics, Taylor & Francis Journals, vol. 29(9), pages 1163-1167.
    6. Kenneth W. Clements & Saroja Selvanathan, 1991. "The Economic Determinants Of Alcohol Consumption," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 35(2), pages 209-231, August.
    7. W. Yang & K.W. Clements & D. Chen, 2000. "A User's Guide to DAP 2000," Economics Discussion / Working Papers 00-02, The University of Western Australia, Department of Economics.
    8. Clements, Kenneth W. & Qiang, Ye, 2003. "The Economics of Global Consumption Patterns," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 0(Supplemen), pages 1-17.
    9. Y. Qiang, 1999. "An Economy-wide Model of Western Australia: The theoretical structure," Economics Discussion / Working Papers 99-06, The University of Western Australia, Department of Economics.

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