CRITERIA FOR MODEL SPECIFICATION OF DEMAND SYSTEMS

Four general principles are formulated as criteria for model specification of demand systems. The concepts shed light on systems credibility, validation, strengths, and weaknesses. The principles are used to judge the empirical performance of the S 1 -branch system.


Issue Date:
1981-07
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/279294
Language:
English
Total Pages:
16




 Record created 2018-10-26, last modified 2020-10-28

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