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Bayesian Estimation of an Almost Ideal Demand System for Fresh Fruit in Portugal

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  • Tiffin, Richard
  • Aguiar, Magda

Abstract

This paper presents the results from estimating on Almost Ideal Demand System (AIDS) for fresh fruit in Portugal. A complete matrix of price and expenditure elasticities of demand for apples, pears, oranges, peaches, cherries and plums is reported. A Bayesian approach is used to impose curvature and monotonicity restrictions in the model. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Tiffin, Richard & Aguiar, Magda, 1995. "Bayesian Estimation of an Almost Ideal Demand System for Fresh Fruit in Portugal," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 22(4), pages 469-480.
  • Handle: RePEc:oup:erevae:v:22:y:1995:i:4:p:469-80
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    Cited by:

    1. Lariviere, Eric & Larue, Bruno & Chalfant, Jim, 2000. "Modeling the demand for alcoholic beverages and advertising specifications," Agricultural Economics, Blackwell, vol. 22(2), pages 147-162, March.
    2. Abigail Tiffin & Richard Tiffin, 1999. "Estimates of Food Demand Elasticities for Great Britain: 1972–1994," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(1), pages 140-147, January.
    3. Ken-ichi Mizobuchi & Hisashi Tanizaki, 2014. "On estimation of almost ideal demand system using moving blocks bootstrap and pairs bootstrap methods," Empirical Economics, Springer, vol. 47(4), pages 1221-1250, December.

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