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An almost ideal demand system with autoregressive disturbances for dairy products in Greece

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  • Anastasios Xepapadeas
  • Hassini Habib

Abstract

An almost ideal demand system (AIDS) is used to estimate Greek milk, cheese and butter demand from 1960-91. The model is estimated with a correction for serially correlated errors which is proved justified. Elasticities obtained from the Rotterdam and Linear Expenditure models are compared to those obtained from AIDS.

Suggested Citation

  • Anastasios Xepapadeas & Hassini Habib, 1995. "An almost ideal demand system with autoregressive disturbances for dairy products in Greece," Applied Economics Letters, Taylor & Francis Journals, vol. 2(6), pages 169-173.
    • Handle: RePEc:taf:apeclt:v:2:y:1995:i:6:p:169-173
    DOI: 10.1080/135048595357366
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    Cited by:

    1. Erkan Erdil, 2006. "Demand systems for agricultural products in OECD countries," Applied Economics Letters, Taylor & Francis Journals, vol. 13(3), pages 163-169.
    2. Andrea Saayman & Isabel Cortés-Jiménez, 2013. "Modelling Intercontinental Tourism Consumption in South Africa: A Systems-of-Equations Approach," South African Journal of Economics, Economic Society of South Africa, vol. 81(4), pages 538-560, December.
    3. Bouamra-Mechemache, Zohra & Réquillart, Vincent & Soregaroli, Claudio & Trévisiol, Audrey, 2008. "Demand for dairy products in the EU," Food Policy, Elsevier, vol. 33(6), pages 644-656, December.

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