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

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.

authors

• Capps, Oral

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

• August 1998

publisher

• Wiley  Publisher

published in

• American Journal of Agricultural Economics  Journal

keywords

• Cox And Wohlgenant Procedure
• Cross-sectional Data
• Demand Function
• Selectivity Bias

Digital Object Identifier (DOI)

• 10.2307/1244549

start page

• 466

end page

• 473

volume

• 80

issue

• 3

URL

• http://dx.doi.org/10.2307/1244549