Data/hora: 06/06/2024 01:18:24

Provedor de dados: | 31
País: | United States
Título: | A UNIFORM SUBSTITUTE DEMAND MODEL WITH VARYING COEFFICIENTS
Autores: | Brown,   Mark G.; Lee,   Jonq-Ying.
Data: | 2003-01-22
Ano: | 2000
Palavras-chave: | Demand; Varying coefficient; Rotterdam model; Orange juice; Demand and Price Analysis.
Resumo: | This study extends Barten's synthetic demand modeling approach to increase the flexibility of the uniform substitute specification of the Rotterdam demand system. Marginal propensities to consume (MPC) vary with budget shares and Slutsky coefficients are defined in terms of varying MPCs. An application of the model to orange-juice products shows that the pattern of income and price elasticities over time is much different than when MPCs are restricted to be constant.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

6816

http://purl.umn.edu/15403

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 32, Number 01, April 2000

Formato:

10

application/pdf