A Note on Imposing Local Curvature on Generalized Leontief Models

Apostolos Serletis () and Asghar Shahmoradi
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Asghar Shahmoradi: University of Calgary

Econometrics from EconWPA

Abstract: In this paper, we build on Ryan and Wales (1998) and Moschini (1999) and impose curvature conditions locally on the generalized Leontief model, introduced by Diewert (1974). In doing so, we exploit the Hessian matrix of second order derivatives of the reciprocal indirect utility function, unlike Ryan and Wales (1998) and Moschini (1999) who exploit the Slutsky matrix.

Keywords: Regularity; Slutsky matrix; Negative semidefinite (search for similar items in EconPapers)
JEL-codes: C3 C13 C51 (search for similar items in EconPapers)
Date: 2005-09-28
Note: Type of Document - pdf
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Related works:
Working Paper: A Note on Imposing Local Curvature in Generalized Leontief Models (2005)
Journal Article: A NOTE ON IMPOSING LOCAL CURVATURE IN GENERALIZED LEONTIEF MODELS (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpem:0509020

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