Usefulness of Incomplete Demand Model in Censored Demand System Estimation

Fabiosa, Jacinto F.; Jensen, Helen H.

doi:10.22004/ag.econ.21923

Usefulness of Incomplete Demand Model in Censored Demand System Estimation

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.

Subject(s):

Demand and Price Analysis

Issue Date:

2003

Publication Type:

Conference Paper/ Presentation

DOI and Other Identifiers:

10.22004/ag.econ.21923

Record Identifier:

https://ageconsearch.umn.edu/record/21923

PURL Identifier:

http://purl.umn.edu/21923