Discrete choice modeling and demand estimation for diapers (in Russian)
Anna Anikina
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Anna Anikina: New Economic School, Moscow, Russia
Quantile, 2013, issue 11, 61-74
Abstract:
The paper examines the demand structure for diapers in one of Russian cities with the use of a discrete choice model with random coefficients in consumer utilities. As a first step, logit and nested logit specifications are estimated. The market-level information for sales volumes, prices and other product characteristics is used. An unbalanced bimonthly panel for the period from 2008 to 2011 is available. At the second stage, the full model adapted from Berry, Levinsohn & Pakes (1995) and Nevo (2001) is estimated. Additional features are added to the model to capture the market specifics.
Keywords: discrete choice models; random coefficient models; differentiated products; demand estimation (search for similar items in EconPapers)
JEL-codes: C15 C23 C25 C51 L22 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:qnt:quantl:y:2013:i:11:p:61-74
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