Title of article
Nesting quadratic logarithmic demand systems
Author/Authors
Panayiota Lyssiotou، نويسنده , , Panos Pashardes، نويسنده , , Thanasis Stengos، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2002
Pages
6
From page
369
To page
374
Abstract
We propose a new generalised rank-3 demand system which nests all known (and new) rank-3 and rank-2 demand systems derived from the Quadratic Logarithmic (QL) cost function. We investigate its statistical adequacy against commonly encountered alternatives using UK household data.
Keywords
Quadratic Logarithmic demand systems , Rank-3 demand systems , Individual household data
Journal title
Economics Letters
Serial Year
2002
Journal title
Economics Letters
Record number
435002
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