ON THE ESTIMATION OF SEPARABLE DEMAND MODELS
Journal of Agricultural and Resource Economics · Volume 18, Issue 2, December 1993 · Pages 141–146
Abstract
Alternative stochastic specification of conditional demand models are considered. The results of LaFrance concerning the inconsistency of least squares are supported, but the class of models that allow standard instrumental variable estimation is broadened considerably.
Article details
- Issue
- Volume 18, Issue 2
- Published
- December 1993
- Pages
- 141–146
- Full text
- PDF on AgEcon Search