Estimation of household demand systems with theoretically compatible Engel curves and unit value specifications

被引：42

作者：

Crawford, I

Laisney, F

Preston, I

机构：

[1] UCL, Dept Econ, London WC1E 6BT, England

[2] Inst Fiscal Studies, London WCIE 7AE, England

[3] Univ Louis Pasteur Strasbourg 1, BETA, THEME, F-67000 Strasbourg, France

[4] ZEW, D-68034 Mannheim, Germany

来源：

JOURNAL OF ECONOMETRICS | 2003年 / 114卷 / 02期

基金：

英国经济与社会研究理事会;

关键词：

consumer demand; unit values;

D O I：

10.1016/S0304-4076(03)00083-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand theory, unlike methods hitherto prominent in the literature. The method is applied to Czech data. (C) 2003 Elsevier Science B.V. All rights reserved.

引用

页码：221 / 241

页数：21

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