Usefulness of Incomplete Demand Model in Censored Demand System Estimation
Jacinto F. Fabiosa and
Helen Jensen
No 21923, 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
The popularity of AIDS may not easily extend to censored demand systems. We propose an incomplete demand system that has relatively few restrictions on the parameter space, but preserves its theoretical consistency and apply this model to Indonesian data that have significant proportion of censored observations.
Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 18
Date: 2003
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea03:21923
DOI: 10.22004/ag.econ.21923
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