An almost ideal demand system with autoregressive disturbances for dairy products in Greece

Anastasios Xepapadeas and Hassini Habib

Applied Economics Letters, 1995, vol. 2, issue 6, 169-173

Abstract: An almost ideal demand system (AIDS) is used to estimate Greek milk, cheese and butter demand from 1960-91. The model is estimated with a correction for serially correlated errors which is proved justified. Elasticities obtained from the Rotterdam and Linear Expenditure models are compared to those obtained from AIDS.

Date: 1995
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DOI: 10.1080/135048595357366

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