Complete Systems Of Demand Equations

Vesna Karadzic

Montenegrin Journal of Economics, 2006, vol. 2, issue 3, 113-126

Abstract: The purpose of this paper is to analyze the complete systems of demand equations i.e. models of complex demand analysis as a contemporary approach to estimation of demand equations. Linear Expenditure System, Rotterdam model, flexible functional forms have been analyzed in a critical manner. The paper also stresses open questions and problems in the application of these models.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:2:y:2006:i:3:p:113-126

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