Estimation of demand functions using cross-sectional household data: The problem revisited Academic Article uri icon

abstract

  • A procedure that corrects for selectivity bias is proposed to estimate demand functions using cross-sectional data under the assumption that prices vary across households. This procedure, which extends the work by Cox and Wohlgenant, includes a two-equation system of expenditure and unit value functions. This model is applied to household expenditures for beef steaks and roasts.

published proceedings

  • AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS

altmetric score

  • 3

author list (cited authors)

  • Dong, D. S., Shonkwiler, J. S., & Capps, O.

citation count

  • 50

complete list of authors

  • Dong, DS||Shonkwiler, JS||Capps, O

publication date

  • January 1, 1998 11:11 AM

publisher