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THE ALMOST IDEAL DEMAND SYSTEM: A COMPARISON AND APPLICATION TO FOOD

Laura Blanciforti

No 279459, 1982 Annual Meeting, August 1-4, Logan, Utah from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The Almost Ideal Demand System(AIDS) has been estimated for four food groups and compared to its own linear approximate version and the linear expenditure 5ystem(LES). The AIDS avoid the restrictive proportionality relationship of the LES and its approximate version estimates expenditure elasticities quite well.

Keywords: Agricultural and Food Policy; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 13
Date: 1982-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea82:279459

DOI: 10.22004/ag.econ.279459

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