Estimation of Price Elasticities from Cross-Sectional Data

This study develops an empirical framework that can be used to estimate quality-adjusted price elasticities from cross-sectional data, which are theoretically consistent and comparable to elasticities from time-series data. The new approach shows the importance of properly adjusting for quality variation in demand analysis.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20517
Total Pages:
31
Series Statement:
Selected Paper




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

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