On the Estimation of Separable Demand Models
Alternative stochastic specification of conditional demand models are considered. The results of LaFrance concerning the inconsistency of least squares are supported, but the class of models that allow standard instrumental variable estimation is broadened considerably.
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| Format: | Article |
| Language: | English |
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Western Agricultural Economics Association
1993-12-01
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| Series: | Journal of Agricultural and Resource Economics |
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| Online Access: | https://ageconsearch.umn.edu/record/30956 |