Access the full text.
Sign up today, get DeepDyve free for 14 days.
K. Laitinen (1978)
Why is demand homogeneity so often rejectedEconomics Letters, 1
L. Christensen, D. Jorgenson, L. Lau (1975)
Transcendental Logarithmic Utility FunctionsThe American Economic Review, 65
W. Somermeyer, A. Langhout (1972)
Shapes of Engel curves and demand curves: Implications of the expenditure allocation model, applied to Dutch dataEuropean Economic Review, 3
B. Fisher (1979)
THE DEMAND FOR MEAT — AN EXAMPLE OF AN INCOMPLETE COMMODITY DEMAND SYSTEMAustralian Journal of Agricultural and Resource Economics, 23
R. Bewley (1982)
On the Functional Form of Engel Curves: The Australian Household Expenditure Survey, 1975-76Economic Record, 58
Cross‐sectional data are used to estimate a three‐equation generalised addilog demand system (GADS); two equations are used to express the demand for milk by method of sale and a residual equation is used to close the system. It is shown that, as the average budget share of the residual equation approaches unity, the GADS equations for the incomplete system are approximately equivalent to double logarithmic equations. It is found that aggregate milk demand is relatively insensitive to both price and income, but the degree of substitution between delivered and non‐delivered milk is both large and highly significant. A new test for influential data in the system context is developed and it suggests that the reported results are robust to variations in the sample space.
The Australian Journal of Agricultural Resource Economics – Wiley
Published: Dec 1, 1987
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.