Is utility additive? Further evidence
This paper investigates the question of additive structure of the utility function using the data for nine broad commodity groups from 45 countries. Further evidence is presented in support of the preference independent utility structure.
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Volume (Year): 37 (2005)
Issue (Month): 1 ()
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References listed on IDEAS
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- 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.
- K.W. Clements & W. Yang & S.W. Zheng, 1997.
"Is utility additive? The case of alcohol,"
Economics Discussion / Working Papers
97-02, The University of Western Australia, Department of Economics.
- Bera, A. K. & Byron, R. P. & Jarque, C. M., 1981. "Further evidence on asymptotic tests for homogeneity and symmetry in large demand systems," Economics Letters, Elsevier, vol. 8(2), pages 101-105.
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