Choosing between the AIDS and Rotterdam models: A meat demand analysis case study

Due to the inability of economic theory to choose ex ante between the Almost Ideal Demand System (AIDS) and the Rotterdam model, a non-nested test was used. The results of the non-nested test points to the Linearized-AIDS model applied to 31 years of meat consumption data in South Africa. When comparing the estimated demand relations of the two models, the LA/AIDS model also proved to be better fit for South African meat demand.


Issue Date:
2006-06
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/31710
PURL Identifier:
http://purl.umn.edu/31710
Published in:
Agrekon, 45, 2
Page range:
158-172
Total Pages:
15




 Record created 2017-04-01, last modified 2020-10-28

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