Additive Utility Functions with Double-Log Consumer Demand Functions.
Frisch (1959) proposed the adoption of direct additive utility functions to facilitate empirical demand analysis. Double-log demand functions resulting therefrom are composed of the real income effect and the relative price effect. I show that the income elasticities and the own-price elasticities o...
| Publicado en: | Journal of Political Economy Vol. 80; no. 1; pp. 102 - 125 |
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| Formato: | Artículo |
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University of Chicago Press
Jan/Feb72
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| Acceso en línea: | Ver este registro en EBSCOhost |