A varying coefficient approach to global flexibility in demand analysis: a semiparametric approximation
To reduce dimensionality issues, this article derives a globally flexible demand system that can be estimated non-parametrically with a specially devised temporal kernel. Statistical and economic results from a meat demand application underscores the usefulness of a temporal kernel in globally appro...
- Autores:
-
Sarmiento, Camilo
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2005
- Institución:
- Escuela Colombiana de Ingeniería Julio Garavito
- Repositorio:
- Repositorio Institucional ECI
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.escuelaing.edu.co:001/2802
- Acceso en línea:
- https://repositorio.escuelaing.edu.co/handle/001/2802
https://repositorio.escuelaing.edu.co
- Palabra clave:
- Demanda (teoría económica)
Elasticidad (economía)
Funciones de demanda (teoría económica)
Economía - Modelos matemáticos
demand system
global flexibility
integrability
kernel regression
time varying coefficient
Sistema de demanda
Flexibilidad global
Integrabilidad
Regresión del núcleo
Coeficiente variable en el tiempo
- Rights
- closedAccess
- License
- http://purl.org/coar/access_right/c_14cb
Summary: | To reduce dimensionality issues, this article derives a globally flexible demand system that can be estimated non-parametrically with a specially devised temporal kernel. Statistical and economic results from a meat demand application underscores the usefulness of a temporal kernel in globally approximating an integrable demand system. |
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