COMMENT ON R. P. BYRON'S "THE RESTRICTED AITKEN ESTIMATION OF SETS OF DEMAND RELATIONS".

The article comments on an article published in the periodical "Econometrics" about the restricted Aitken estimation of sets of demand relations. The author intended to perform restricted estimation and testing of a specified system of demand functions. The system of demand functions was intended to...

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Detalles Bibliográficos
Publicado en:Econometrica Vol. 41; no. 2; pp. 365 - 371
Autores principales: Basmann, R. L., Battalio, R. C., Kagel, J. H.
Formato: Artículo
Publicado: Wiley-Blackwell Mar1973
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The article comments on an article published in the periodical "Econometrics" about the restricted Aitken estimation of sets of demand relations. The author intended to perform restricted estimation and testing of a specified system of demand functions. The system of demand functions was intended to test and estimate a class of systems of real-valued functions of real variables with certain characteristics. The hypothesis that demands quantities of commodities are related to income and prices by a system of demand functions.