THE SYMMETRICAL PROBLEM IN THE LINEAR ALMOST IDEAL DEMAND SYSTEM

Authors
CHEN KZ
Citation
Kz. Chen, THE SYMMETRICAL PROBLEM IN THE LINEAR ALMOST IDEAL DEMAND SYSTEM, Economics letters, 59(3), 1998, pp. 309-315
Citations number
12
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
59
Issue
3
Year of publication
1998
Pages
309 - 315
Database
ISI
SICI code
0165-1765(1998)59:3<309:TSPITL>2.0.ZU;2-V
Abstract
This paper derives a set of linear and nonlinear restrictions to make a n-goods linear almost ideal demand system symmetric when all prices are allowed to vary. The consequences of imposing such restrictions on the demand elasticities are illustrated using the United States meat consumption data. (C) 1998 Elsevier Science S.A.