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Specification and Estimation of Consumer Demand Systems with Many Binding Non-Negativity Constraints
Lee, Lung-Fei; Pitt, Mark M. (Center for Economic Research, Department of Economics, University of Minnesota, 1986)
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http://hdl.handle.net/11299/55506
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Title
Specification and Estimation of Consumer Demand Systems with Many Binding Non-Negativity Constraints
Authors
Issue Date
1986-10
Publisher
Center for Economic Research, Department of Economics, University of Minnesota
Type
Working Paper
Abstract
This article presents coherent stochastic specifications for direct and indirect utility functions which result in comput1onally tractable demand systems subject to many binding non-negativity constraints. A seven commodity linear expenditure demand system for food is estimated using household consumption data.
Appears in collections
Center for Economic Research Discussion Papers [323]
Previously Published Citation
Lee, L. and Pitt. M.M., (1986), "Specification and Estimation of Consumer Demand Systems with Many Binding Non-Negativity Constraints", Discussion Paper No. 236, Center for Economic Research, Department of Economics, University of Minnesota.
Series/Report Number
Discussion Paper
236
Suggested Citation
Lee, Lung-Fei; Pitt, Mark M.. (1986). Specification and Estimation of Consumer Demand Systems with Many Binding Non-Negativity Constraints. Center for Economic Research, Department of Economics, University of Minnesota. Retrieved from the University of Minnesota Digital Conservancy, http://hdl.handle.net/11299/55506.
Content distributed via the University of Minnesota's Digital Conservancy may be subject to additional license and use restrictions applied by the depositor.