@article{Abebe:251895,
      recid = {251895},
      author = {Abebe, Shimeles},
      title = {System of demand equations: theory and applications},
      journal = {Ethiopian Journal of Economics},
      address = {1993},
      number = {683-2016-46796},
      series = {ETHIOPIAN JOURNAL OF ECONOMICS},
      pages = {137},
      year = {1993},
      abstract = {This paper notes the rapid advances that have been made in  the modeling estimation and applications of systems of  demand equations in the literature. It attempts to  empirically estimate for Ethiopians data sets using a two  period price information following Pollack and Wales (57)  Dybrig (31) ,and a saving information as in Liuch (46) and  Howe (41) to identify all parameters of the Liner  Expenditure System (LES) and The Extended Liner Expenditure  system( ELES) respectively. In spite of the theoretical and  empirical limitations of the LES Parameter estimate were  found to accord with the right sign and magnitude required  by the choice theory Of particular interest is the process  of estimating directly the Frisch parameter and its welfare  implications The paper also discusses the estimation of  compensated and uncompensated own-and - cross price  elasticity's in the context of Slutsky decomposition some  areas of future research are pointed out in exploiting  fully budget studies so far generated in Ethiopia Notably,  the possibility of estimating some generalized expenditure  systems may stimulate interest for applications to some  police issues.},
      url = {http://ageconsearch.umn.edu/record/251895},
      doi = {https://doi.org/10.22004/ag.econ.251895},
}