THE ESTIMATION OF CONSTANT ELASTICITIES: COMMENT
- THE ESTIMATION OF CONSTANT ELASTICITIES: REPLY. // Southern Economic Journal;Jan73, Vol. 39 Issue 3, p445
Justifies a criticism on the estimation of constant elasticities. Assumptions in the error terms of the equation; Model specification on the elasticity estimation; Forms of loglinear models.
- Elasticities in AIDS models. Green, Richard; Alston, Julian M. // American Journal of Agricultural Economics;May90, Vol. 72 Issue 2, p442
Clarifies the differences between alternative approaches to estimating demand elasticities in almost ideal demand system (AIDS) models. Definition of the AIDS model; Use of Stone's index in the `linear approximate AIDS'; Price elasticities.
- Three Robust Scale Estimators to Judge Unreplicated Experiments. Schoen, Eric D.; Kaul, Enrico A. A. // Journal of Quality Technology;Jul2000, Vol. 32 Issue 3, p276
Features a study which presented constants used to calculate estimators and critical values to test standardized single degree of freedom contrasts. Definition of estimators; Information on the consistency constants; Conclusion.
- The Calculation of Research Benefits with Linear and Nonlinear Specifications of Demand and Supply Functions. Voon, Jan P.; Edwards, Geoff W. // American Journal of Agricultural Economics;May91, Vol. 73 Issue 2, p415
Presents a technique for calculating research benefits with linear and nonlinear specifications of demand and supply functions. Pivotal supply shifts; Effect of research with linear demand and supply curves; Effect of research with nonlinear constant elasticity demand and supply curves.
- The elasticities approach in general equilibrium: Real shock dynamics. Ryan, Daniel J. // Atlantic Economic Journal;Dec93, Vol. 21 Issue 4, p22
Studies the elasticities approach in general equilibrium. Construction of a general equilibrium model; Examination of government policies on expenditure and import tariff; Consideration of related issues of the Laursen-Melzer effect; Modification of the standard Mundell-Fleming model.
- Evaluating the linearized almost ideal demand system. Buse, Adolf // American Journal of Agricultural Economics;Nov94, Vol. 76 Issue 4, p781
Studies the practice of Linearizing the Almost Ideal Demand System (LAIDS) by recourse to the Stone share weighted price index. Impossibility of constructing a consistent instrumental variable (IV) estimator; Advantages of conventional elasticity formulas; Documentation of inconsistency and...
- Rural Chinese food consumption: The case of Guangdong. Halbrendt, Catherine; Tuan, Francis // American Journal of Agricultural Economics;Nov94, Vol. 76 Issue 4, p794
Analyzes Chinese consumer behavior based on data on food consumption of rural households in Guangdong, China. Estimation of elasticities using an Almost Ideal Demand System (AIDS); Commodity substitution due to small price change; Response of commodities to expenditure changes.
- Elasticities in AIDS models: Comment. Hahn, William F. // American Journal of Agricultural Economics;Nov94, Vol. 76 Issue 4, p972
Comments on the article `Elasticities in AIDS Models,' by R. Green and J. Alston, published in the August 1988 issue of the `American Journal of Agricultural Economics.' Skepticism on the performance of the Linear Approximate Almost Ideal Demand System (LA/AIDS); Absence of satisfactory...
- NOTE ON THE ESTIMATION OF COBB-DOUGLAS ELASTICITIES. Court, R.H. // American Journal of Agricultural Economics;Aug68, Vol. 50 Issue 3, p764
Suggests that the least-squares method and equations from profit maximization should be combined to estimate the parameters of Cobb-Douglas elasticities. Benefits of the combined methods; Importance of the accuracy of the empirical estimation of the Cobb-Douglas production function's parameters.