IDEAS home Printed from https://ideas.repec.org/a/ags/eeaeje/251895.html
   My bibliography  Save this article

System of demand equations: theory and applications

Author

Listed:
  • Abebe, Shimeles

Abstract

This paper notes the rapid advances that have been made in the modeling estimation and applications of systems of demand equations in the literature. It attempts to empirically estimate for Ethiopians data sets using a two period price information following Pollack and Wales (57) Dybrig (31) ,and a saving information as in Liuch (46) and Howe (41) to identify all parameters of the Liner Expenditure System (LES) and The Extended Liner Expenditure system( ELES) respectively. In spite of the theoretical and empirical limitations of the LES Parameter estimate were found to accord with the right sign and magnitude required by the choice theory Of particular interest is the process of estimating directly the Frisch parameter and its welfare implications The paper also discusses the estimation of compensated and uncompensated own-and - cross price elasticity's in the context of Slutsky decomposition some areas of future research are pointed out in exploiting fully budget studies so far generated in Ethiopia Notably, the possibility of estimating some generalized expenditure systems may stimulate interest for applications to some police issues.

Suggested Citation

  • Abebe, Shimeles, 1993. "System of demand equations: theory and applications," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 2(2), pages 137-137.
    • Handle: RePEc:ags:eeaeje:251895
    DOI: 10.22004/ag.econ.251895
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/251895/files/Abebe%20Shimeles_System%20of%20demand%20equations.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.251895?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tafere, Kibrom & Taffesse, Alemayehu Seyoum & Tamru, Seneshaw & Tefera, Nigussie & Paulos, Zelekawork, 2011. "Food demand elasticities in Ethiopia: Estimates using household income consumption expenditure (HICE) survey data," ESSP working papers 11, International Food Policy Research Institute (IFPRI).

    More about this item

    Keywords

    Demand and Price Analysis;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:eeaeje:251895. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/eeaa2ea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.