Resource title

Estimation of Household Demand Systems Using Unit Value Data

Resource image

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Resource description

We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand theory, unlike methods hitherto prominent in the literature. The method is applied to Czech data.

Resource author

Ian Preston, Fran├žois Laisney, Ian A. Crawford

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/24686

Resource license

Adapt according to the presented license agreement and reference the original author.