A Linear Inverse Demand System

Journal of Agricultural and Resource Economics

关键词: almost ideal demand system;    demand analysis;    distance function;    duality;   

DOI  :  10.22004/ag.econ.30954

来源: DOAJ

【 摘 要 】

We present an inverse demand that can be estimated in a linear form. The model is derived from a specification of the distance function which is parametrically similar to the cost function underlying the Almost Ideal Demand System. Simulation results suggest that this linear inverse demand system has good approximation properties.

【 授权许可】

Unknown