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Author:Holt, M. T.
Title:Inverse demand systems and choice of functional form
Journal:European Economic Review
2002 : JAN, VOL. 46:1, p. 117-142
Index terms:DEMAND ANALYSIS
MODELS
Freeterms:INVERSE DEMAND SYSTEMS
Language:eng
Abstract:Barten (Empirical Economics 18, 1993, 129) recently advocated estimation of a synthetic demand system that mechanically nests four other popular differential demand models. This paper follows a similar strategy, but in the context of four inverse share-equation demand systems: The Inverse Translog Demand System (ITLDS); The Inverse Almost Ideal Demand System (IAIDS); The Inverse Lewbel Demand System (ILDS); and The Inverse Non-Separable Linear Expenditure System (ILNES).
SCIMA record nr: 229022
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