Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen:
https://hdl.handle.net/10419/40252
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Lahatte, Agénor | en |
dc.contributor.author | Miquel, Ruth | en |
dc.contributor.author | Laisney, François | en |
dc.contributor.author | Preston, Ian | en |
dc.date.accessioned | 2010-09-24T14:01:50Z | - |
dc.date.available | 2010-09-24T14:01:50Z | - |
dc.date.issued | 1997 | - |
dc.identifier.uri | http://hdl.handle.net/10419/40252 | - |
dc.description.abstract | The availability of quantity information along with expenditure information in some household surveys allows the estimation of price reactions on the basis of unit values. We compare two specifications that have been proposed in this context by Deaton (1990) and Crawford et al. (1997) in order to take account of quality effects reflected in the unit values. Using simulated data for a two-good model, and keeping Marshallian elasticities fixed, we compare true and pseudo-true quantity and quality elasticities. Expenditure elasticities are close, but we find large differences in price elasticities and even sign reversals. This suggests that, while convenient in the situation where prices are not observable, these specifications lack flexibility. | en |
dc.language.iso | eng | en |
dc.publisher | |aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim | en |
dc.relation.ispartofseries | |aZEW Discussion Papers |x97-24 | en |
dc.subject.jel | D11 | en |
dc.subject.jel | D12 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | consumer demand | en |
dc.subject.keyword | unit values | en |
dc.subject.keyword | quality | en |
dc.subject.keyword | pseudo-true values | en |
dc.title | Demand Systems with Unit Values: A Comparsion of Two Specifications | - |
dc.type | |aWorking Paper | en |
dc.identifier.ppn | 847494454 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:zewdip:9724 | en |
dc.date.issuedonline | 2010 | en |
dc.publisher.online | |aZBW – Leibniz Information Centre for Economics |cKiel, Hamburg | en |
econstor.documentversion | Digitized Version | en |
Datei(en):
Publikationen in EconStor sind urheberrechtlich geschützt.