Omitted variables, dynamic specification and tests for homogeneity

Author(s)
Uri
Date Issued
August 1994
Date Available
13T15:25:05Z January 2010
Abstract
This note examines the sensitivity of tests for homogeneity in demand systems to such factors as omitted variables and dynamic and stochastic specification. It estimates demand systems for Ireland using time-series data for different unconditional demand systems with differing dynamic and stochastic specification and also estimates a conditional demand system, thus attempting to reconcile disparate results from previous work in this area.
External Notes
A hard copy is available in UCD Library at GEN 330.08 IR/UNI
Type of Material
Working Paper
Publisher
University College Dublin. School of Economics
Series
UCD Centre for Economic Research Working Paper Series
WP94/12
Keywords
Classification
C22
C32
D12
Subject – LCSH
Demand (Economic theory)--Mathematical Models
Consumption (Economics)--Mathematical models
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
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