A DEMAND SYSTEM FOR THE WORLD

Dongling Chen

Chapter 7 in World Consumption Economics, 1999, pp 153-197 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:INTRODUCTIONA DIFFERENTIAL DEMAND SYSTEMTHE DATABASETHE UNRESTRICTED ESTIMATESHOMOGENEITYSYMMETRYPREFERENCE INDEPENDENCEA SIMULATION OF THE ASYMPTOTIC TEST OF PREFERENCE INDEPENDENCEMONTE CARLO TESTINGTHE QUALITY OF THE ML ESTIMATESMORE ON THE STRONG VERSION OF ENGEL'S LAWTHE PREFERRED MODELTHE INCOME AND PRICE ELASTICITIESARE TASTES CONSTANT?APPENDIXMORE ON MONTE CARLO TESTINGMORE ON THE CONSTANCY OF TASTESREFERENCES

JEL-codes: A1 F0 (search for similar items in EconPapers)
Date: 1999
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