| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
An Empirical Assessment of Endogeneity Issues In Demand Analysis for Differentiated Products
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| Autores: |
Dhar, Tirtha Pratim
Chavas, Jean-Paul
Gould, Brian W.
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| Data: |
2006-02-28
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| Ano: |
2002
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| Palavras-chave: |
Endogeneity
Separability
Carbonated soft drinks
Almost Ideal Demand System
Demand and Price Analysis
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| Resumo: |
This article explores the issue of price and expenditure endogeneity in empirical demand analysis. The analysis focuses on the US carbonated soft drink market. We test the null hypothesis that price and expenditures are exogenous in the demand for carbonated soft drinks. Using an Almost Ideal Demand System (AIDS) specification, we strongly reject exogeneity for both prices and expenditures. We find that accounting for price/expenditures endogeneity significantly impacts demand elasticity estimates. We also evaluate the implications of endogeneity issues for testing weak separability.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
20120
http://purl.umn.edu/25227
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| Editor: |
AgEcon Search
|
| Relação: |
University of Connecticut>Food Marketing Policy Center>Research Reports
Research Report No. 66
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| Formato: |
21
application/pdf
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