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Measurement of Consumption efficiency in Price-Quantity Space: A Distance Function Approach

Author

Listed:
  • Vasiliki Fourmouzi
  • Margarita Genius

    (Department of Economics, University of Crete, Greece)

  • Peter Midmore
  • Vangelis Tzouvelekas

    (Department of Economics, University of Crete, Greece)

Abstract

No abstract is available for this item.

Suggested Citation

  • Vasiliki Fourmouzi & Margarita Genius & Peter Midmore & Vangelis Tzouvelekas, 2009. "Measurement of Consumption efficiency in Price-Quantity Space: A Distance Function Approach," Working Papers 0912, University of Crete, Department of Economics.
    • Handle: RePEc:crt:wpaper:0912
    as

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    File URL: http://economics.soc.uoc.gr/wpa/docs/0912.pdf
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    References listed on IDEAS

    as
    1. Varian, Hal R, 1982. "The Nonparametric Approach to Demand Analysis," Econometrica, Econometric Society, vol. 50(4), pages 945-973, July.
    2. Hal R. Varian, 1983. "Non-parametric Tests of Consumer Behaviour," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(1), pages 99-110.
    3. Giannis Karagiannis & Peter Midmore & Vangelis Tzouvelekas, 2004. "Parametric Decomposition of Output Growth Using A Stochastic Input Distance Function," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(4), pages 1044-1057.
    4. Spanos,Aris, 1999. "Probability Theory and Statistical Inference," Cambridge Books, Cambridge University Press, number 9780521424080.
    5. Färe, Rolf & Grosskopf, Shawna & Hayes, Kathy J. & Margaritis, Dimitris, 2008. "Estimating demand with distance functions: Parameterization in the primal and dual," Journal of Econometrics, Elsevier, vol. 147(2), pages 266-274, December.
    6. Varian, Hal R., 1990. "Goodness-of-fit in optimizing models," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 125-140.
    7. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
    8. Polachek, Solomon W & Yoon, Bong Joon, 1996. "Panel Estimates of a Two-Tiered Earnings Frontier," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(2), pages 169-178, March-Apr.
    9. Giannis Karagiannis & Peter Midmore & Vangelis Tzouvelekas, 2002. "Parametric Decomposition of Output Growth," Working Papers 0204, University of Crete, Department of Economics.
    10. Grosskopf, S. & Hayes, K. & Hirschberg, J., 1995. "Fiscal stress and the production of public safety: A distance function approach," Journal of Public Economics, Elsevier, vol. 57(2), pages 277-296, June.
    11. Jeong-Dong Lee & Seogwon Hwang & Tai-Yoo Kim, 2005. "The Measurement of Consumption Efficiency Considering the Discrete Choice of Consumers," Journal of Productivity Analysis, Springer, vol. 23(1), pages 65-83, January.
    12. Polachek, Solomon W & Yoon, Bong Joon, 1987. "A Two-tiered Earnings Frontier Estimation of Employer and Employee Information in the Labor Market," The Review of Economics and Statistics, MIT Press, vol. 69(2), pages 296-302, May.
    13. Varian, Hal R., 1985. "Non-parametric analysis of optimizing behavior with measurement error," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 445-458.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Consumption efficiency; Distance function; British households;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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