Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24686 
more recent Version: 
Year of Publication: 
1997
Series/Report no.: 
ZEW Discussion Papers No. 97-06
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand theory, unlike methods hitherto prominent in the literature. The method is applied to Czech data.
Subjects: 
Consumer demand
unit values
quality
JEL: 
D11
D12
Document Type: 
Working Paper

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