Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/40252
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dc.contributor.authorLahatte, Agénoren_US
dc.contributor.authorMiquel, Ruthen_US
dc.contributor.authorLaisney, Françoisen_US
dc.contributor.authorPreston, Ianen_US
dc.date.accessioned2010-09-24T14:01:50Z-
dc.date.available2010-09-24T14:01:50Z-
dc.date.issued1997-
dc.identifier.urihttp://hdl.handle.net/10419/40252-
dc.description.abstractThe availability of quantity information along with expenditure information in somehousehold surveys allows the estimation of price reactions on the basis of unit values. Wecompare two specifications that have been proposed in this context by Deaton (1990) andCrawford et al. (1997) in order to take account of quality effects reflected in the unit values.Using simulated data for a two-good model, and keeping Marshallian elasticities fixed, wecompare true and pseudo-true quantity and quality elasticities. Expenditure elasticities areclose, but we find large differences in price elasticities and even sign reversals. This suggeststhat, while convenient in the situation where prices are not observable, these specificationslack flexibility.en_US
dc.language.isoengen_US
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim-
dc.relation.ispartofseriesZEW Discussion Papers |x97-24en_US
dc.subject.jelD11en_US
dc.subject.jelD12en_US
dc.subject.ddc330en_US
dc.subject.keywordconsumer demanden_US
dc.subject.keywordunit valuesen_US
dc.subject.keywordqualityen_US
dc.subject.keywordpseudo-true valuesen_US
dc.titleDemand Systems with Unit Values: A Comparsion of Two Specificationsen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn258136758en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:9724-

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