ESTIMATING DEMAND EQUATIONS.
The sum over individuals of the differentials of demand functions is the basic starting point of the Rotterdam model. In this paper, we show that this global differential can be inverted. Moreover, it can be parametrized according to the lines of the Rotterdam model. Consequently, we have two comple...
| Publicado en: | European Economic Review Vol. 9; no. 3; pp. 301 - 322 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Elsevier B.V.
Aug77
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=4944523&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 4944523 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00142921 EER jtl: European Economic Review issn: 00142921 maglogo: N pubinfo: dt: Aug77 vid: 9 iid: 3 pid: 1004 pub: Elsevier B.V. artinfo: ui: 4944523 10.1016/S0014-2921(77)80031-7 ppf: 301 ppct: 21 formats: tig: atl: ESTIMATING DEMAND EQUATIONS. aug: au: Salvas-Bronsard, Lise LeBlanc, D. Bronsard, C. affil: Université de Montréal, Montréal, Canada su: Economic demand Mathematical functions Equations Demand function Global differential geometry Estimation theory Mathematical models of economics Mathematical models Economics sug: subj: Economic demand Mathematical functions Equations Demand function Global differential geometry Estimation theory Mathematical models of economics Mathematical models Economics ab: The sum over individuals of the differentials of demand functions is the basic starting point of the Rotterdam model. In this paper, we show that this global differential can be inverted. Moreover, it can be parametrized according to the lines of the Rotterdam model. Consequently, we have two complete specifications in order to analyse demand and they compete on a priori grounds. After discussing the characteristics of each model relative to the stochastic assumptions used for its estimation, the structure of substitution-complementarity that it allows and its power for Computational Economics, we estimate both models and compare their results. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1977 holdings: @attributes: islocal: N |
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