Title of article :
Demand systems with unit values:: A comparison of two specifications
Author/Authors :
Agénor Lahatte، نويسنده , , Ruth Miquel، نويسنده , , François Laisney، نويسنده , , Ian Preston، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1998
Abstract :
Household expenditure surveys recording quantities allow the estimation of price reactions on the basis of unit values. Comparing two specifications that account for quality effects in unit values, we find large differences in price elasticities and even sign reversals.
Keywords :
Consumer demand , quality , Pseudo-true values , Unit values
Journal title :
Economics Letters
Journal title :
Economics Letters
