Directed acyclic graph representation of the demand–Supply model

Andrea Carriero

Economics Letters, 2025, vol. 255, issue C

Abstract: This note shows how the traditional demand–supply model can be represented using a Directed Acyclic Graph. It explores the relationship between econometrics terminology and causal inference terminology, illustrating that the two frameworks are entirely consistent with each other.

Keywords: Endogeneity; Simultaneous equations models; Directed acyclical graphs (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:255:y:2025:i:c:s0165176525003180

DOI: 10.1016/j.econlet.2025.112481

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