Demand System Estimation with Upward-Sloping Supply
نویسندگان
چکیده
منابع مشابه
Simultaneity with Downward Sloping Demand
This paper considers anew the simultaneity problem that arises when observations of transactions are used to study the demand behavior of pricetaking consumers. Simultaneity is shown to be a problem of censored outcomes. This fact is used to obtain a basic negative finding on identification in the absence of prior information on the structure of demand or the process of price determination. The...
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ژورنال
عنوان ژورنال: Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie
سال: 1990
ISSN: 0008-3976,1744-7976
DOI: 10.1111/j.1744-7976.1990.tb03451.x