The AIDS: A chain price index approach

Mark G. Brown and Jonq-Ying Lee

Economics Letters, 2012, vol. 117, issue 2, 477-479

Abstract: An AIDS-like demand system model is developed with an easy-to-calculate chain-price index that replaces the price index in the original AIDS.

Keywords: Demand system; AIDS; Chain price index (search for similar items in EconPapers)
JEL-codes: C51 D11 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:2:p:477-479

DOI: 10.1016/j.econlet.2012.06.015

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