Differential Demand Systems: A Further Look at Barten's Synthesis.
Barten's synthetic model is attractive to applied researchers since it is useful for testing the adequacy of the competing functional forms of differential demand systems including the popular Rotterdam and almost ideal demand systems. This article shows that the synthetic model is not a mere artifi...
| Published in: | Southern Economic Journal Vol. 71; no. 3; pp. 607 - 620 |
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| Format: | Article |
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Wiley-Blackwell
Jan2005
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=15753593&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 15753593 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: Jan2005 vid: 71 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 15753593 10.2307/20062064 ppf: 607 ppct: 13 formats: fmt: @attributes: type: P size: 809KB tig: atl: Differential Demand Systems: A Further Look at Barten's Synthesis. aug: au: Matsuda, Toshinobu affil: Department of Agricultural Management and Information Science, Tottori University, Koyama, Tottori 680-8553, Japan. su: Economic demand Budget Econometric models Econometrics Demand function Financial management sug: subj: Economic demand Budget Econometric models Econometrics Public Finance Activities Portfolio Management Demand function Financial management ab: Barten's synthetic model is attractive to applied researchers since it is useful for testing the adequacy of the competing functional forms of differential demand systems including the popular Rotterdam and almost ideal demand systems. This article shows that the synthetic model is not a mere artificial composite of the known differential demand systems as it has been considered, but rather viewed as a model in its own right. It is demonstrated that, at the individual consumer level, Barten's model has the same marginal budget shares as generated by specific forms of En gel curves formulated by the Box-Cox transformation. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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