Incorporating demand shifters in the Almost Ideal demand system

Authors
Alston, JM Chalfant, JA Piggott, NE
Citation
Jm. Alston et al., Incorporating demand shifters in the Almost Ideal demand system, ECON LETT, 70(1), 2001, pp. 73-78
Citations number
6
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
70
Issue
1
Year of publication
2001
Pages
73 - 78
Database
ISI
SICI code
0165-1765(200101)70:1<73:IDSITA>2.0.ZU;2-F
Abstract
Intercepts of share equations generally include demand shift variables. In the Almost Ideal demand system and related models, this results in estimate s that depend on units of measurement. Solutions to this problem are identi fied and discussed. (C) 2001 Elsevier Science B.V. All Eights reserved. JEL classification: D12; Q11.