Consistent Estimation of Censored Demand Systems Using Panel Data

We derive a joint continuous/censored commodity demand system for panel data applications. Unobserved heterogeneity is controlled for using a correlated random effects specification and a generalized method of moments framework used to estimate the model. While relatively small differences in elasti...

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Bibliographic details
Volume: 87
Main Author: Meyerhoefer, Chad D
Ranney, Christine K
Sahn, David E
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN Blackwell Publishing 01.08.2005
American Agricultural Economics Association
Oxford University Press
WILEY
published in: American journal of agricultural economics Vol. 87; no. 3; pp. 660 - 672
Data of publication: August 2005
ISSN: 0002-9092
1467-8276
EISSN: 1467-8276
Discipline: Economics
Agriculture
Bibliography: This work is part of Meyerhoefer's Ph.D. dissertation at Cornell University. The views expressed here are those of the authors, and no official endorsement by the Agency for Healthcare Research and Quality or the Department of Health and Human Services is intended or should be inferred. The authors thank George Jakubson, Robert Trost, and two anonymous reviewers for useful comments on earlier drafts of this article. Travel funding for this research was provided by the Mario Einaudi Center for International Studies at Cornell University.
Support from USDA Southern Regional Project #‐S‐278 entitled, Food Demand, Nutrition and Consumer Behavior, is greatly appreciated.
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Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2005
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Web of Science - Science Citation Index Expanded - 2005
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