A Globally Flexible, Quadratic Almost Ideal Demand System: An Application for Meat Demand in Taiwan

A new demand system, combining the quadratic almost ideal demand system and the Fourier expenditure system, is introduced. An application for meat consumption in Taiwan indicates that the new demand system fits the data well and that the restriction to the usual specifications, such as locally flexible functional form, linear Engel curve, and both, are rejected.


Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19170
Total Pages:
14
Series Statement:
Selected Paper 136290




 Record created 2017-04-01, last modified 2017-08-24

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