Flexible Specification of Mixed Demand Systems

GianCarlo Moschini and Vissa Anuradha

American Journal of Agricultural Economics, 1993, vol. 75, issue 1, 1-9

Abstract: Common flexible functional forms are not very useful for modeling mixed demand systems because derivation of mixed demands requires closed forms for both direct and indirect utility functions. In this paper we study the alternative of using a direct approximation to mixed demands. We develop a new approach to Slutsky relations for mixed demand functions allowing formulation of a Rotterdam mixed demand model. The resulting mixed demand system is illustrated with an application to meat demand in Canada.

Date: 1993
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Related works:
Working Paper: Flexible Specification of Mixed Demand Systems (1993)
Working Paper: FLEXIBLE SPECIFICATION OF MIXED DEMAND SYSTEMS (1991)
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:75:y:1993:i:1:p:1-9.

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