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Global restrictions on the parameters of the CDES indirect utility function

Author

Listed:
  • Bjarne S. Jensen
  • Paul de Boer
  • Jan van Daal

    (TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique)

  • Peter S. Jensen

Abstract

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Suggested Citation

  • Bjarne S. Jensen & Paul de Boer & Jan van Daal & Peter S. Jensen, 2011. "Global restrictions on the parameters of the CDES indirect utility function," Post-Print halshs-00593246, HAL.
    • Handle: RePEc:hal:journl:halshs-00593246
    DOI: 10.1007/s00712-010-0180-x
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    References listed on IDEAS

    as
    1. Bjarne Jensen & Mogens Larsen, 2005. "General equilibrium dynamics of multi-sector growth models," Journal of Economics, Springer, vol. 10(1), pages 17-56, December.
    2. Somermeyer, W. H. & Langhout, A., 1972. "Shapes of Engel curves and demand curves: Implications of the expenditure allocation model, applied to Dutch data," European Economic Review, Elsevier, vol. 3(3), pages 351-386, November.
    3. Akin, John S & Stewart, John F, 1979. "Theoretical Restrictions on the Parameters of Indirect Addilog Demand Equations," Econometrica, Econometric Society, vol. 47(3), pages 779-780, May.
    4. Diewert, W. E. & Avriel, M. & Zang, I., 1981. "Nine kinds of quasiconcavity and concavity," Journal of Economic Theory, Elsevier, vol. 25(3), pages 397-420, December.
    5. Thomlas W. Hertel & Paul V. Preckel & Marinos E. Tsigas & Everett B. Peterson & Yves Surry, 1991. "Implicit additivity as a strategy for restricting the parameter space in Computable General Equilibrium Models," Post-Print hal-01606308, HAL.
    6. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (II): Applications of the Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 2, number fuss1978a.
    7. C. E. V. Leser, 1941. "Family Budget Data and Price-Elasticities of Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 9(1), pages 40-57.
    8. Ryan, David L & Wales, Terence J, 1998. "A Simple Method for Imposing Local Curvature in Some Flexible Consumer-Demand Systems," Journal of Business & Economic Statistics, American Statistical Association, vol. 16(3), pages 331-338, July.
    9. Diewert, Walter E & Wales, Terence J, 1987. "Flexible Functional Forms and Global Curvature Conditions," Econometrica, Econometric Society, vol. 55(1), pages 43-68, January.
    10. Robert A. Pollak, 1969. "Conditional Demand Functions and Consumption Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 83(1), pages 60-78.
    11. Bjarne S. Jensen & Mogens E. Larsen, 2005. "General Equilibrium Dynamics of Multi-Sector Growth Models," DEGIT Conference Papers c010_003, DEGIT, Dynamics, Economic Growth, and International Trade.
    12. Shoven,John B. & Whalley,John, 1992. "Applying General Equilibrium," Cambridge Books, Cambridge University Press, number 9780521266550, September.
    13. Douglas Fisher & Adrian R. Fleissig & Apostolos Serletis, 2006. "An Empirical Comparison of Flexible Demand System Functional Forms," World Scientific Book Chapters, in: Money And The Economy, chapter 13, pages 247-277, World Scientific Publishing Co. Pte. Ltd..
    14. W.A. Barnett & J.M. Binner, 2004. "The Global Properties of the Minflex Laurent, Generalized Leontief, and Translog Flexible Functional Forms," Contributions to Economic Analysis, in: Functional Structure and Approximation in Econometrics, pages 79-97, Emerald Group Publishing Limited.
    15. Guilkey, David K & Lovell, C A Knox, 1980. "On the Flexibility of the Translog Approximation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(1), pages 137-147, February.
    16. Lee, Lung-Fei & Pitt, Mark M, 1986. "Microeconometric Demand Systems with Binding Nonnegativity Constraints: The Dual Approach," Econometrica, Econometric Society, vol. 54(5), pages 1237-1242, September.
    17. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, September.
    18. Ginsberg, William, 1973. "Concavity and quasiconcavity in economics," Journal of Economic Theory, Elsevier, vol. 6(6), pages 596-605, December.
    19. Hicks, John R, 1969. "Direct and Indirect Additivity," Econometrica, Econometric Society, vol. 37(2), pages 353-354, April.
    20. James Tobie & H. S. Houthakker, 1950. "The Effects of Rationing on Demand Elasticities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 18(3), pages 140-153.
    21. Heij, Christiaan & de Boer, Paul & Franses, Philip Hans & Kloek, Teun & van Dijk, Herman K., 2004. "Econometric Methods with Applications in Business and Economics," OUP Catalogue, Oxford University Press, number 9780199268016.
    22. Caves, Douglas W & Christensen, Laurits R, 1980. "Global Properties of Flexible Functional Forms," American Economic Review, American Economic Association, vol. 70(3), pages 422-432, June.
    23. Fuss, Melvyn & McFadden, Daniel (ed.), 1978. "Production Economics: A Dual Approach to Theory and Applications," Elsevier Monographs, Elsevier, edition 1, number 9780444850133.
    24. Andreas Chai & Alessio Moneta, 2010. "Retrospectives: Engel Curves," Journal of Economic Perspectives, American Economic Association, vol. 24(1), pages 225-240, Winter.
    25. Guilkey, David K & Lovell, C A Knox & Sickles, Robin C, 1983. "A Comparison of the Performance of Three Flexible Functional Forms," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(3), pages 591-616, October.
    26. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (I): The Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number fuss1978.
    27. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
    28. Bjarne Jensen & Mogens Larsen, 2005. "General equilibrium dynamics of multi-sector growth models," Journal of Economics, Springer, vol. 86(1), pages 17-56, December.
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    Citations

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    Cited by:

    1. Boysen, Ole, 2013. "High Food Prices and their Implications for Poverty in Uganda From Demand System Estimation to Simulation," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150700, Agricultural and Applied Economics Association.
    2. Ole Boysen, 2019. "When does specification or aggregation across consumers matter for economic impact analysis models? An investigation into demand systems," Empirical Economics, Springer, vol. 56(1), pages 137-172, January.
    3. Bjarne S. Jensen & Ulla Lehmijoki, 2011. "Homothetic Multisector Growth Models," DEGIT Conference Papers c016_001, DEGIT, Dynamics, Economic Growth, and International Trade.
    4. Jensen, Bjarne S. & Pedersen, Peder J. & Guest, Ross, 2022. "Demographic Changes, Labor Supplies, Labor Complementarities, Calendar Annual Wages of Age Groups, and Cohort Life Wage Incomes," IZA Discussion Papers 15127, Institute of Labor Economics (IZA).
    5. Tomasz Swiecki, 2017. "Determinants of Structural Change," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 95-131, March.
    6. Bjarne S. Jensen & Ulla Lehmijoki & Elena Rovenskaya, 2015. "Non-Homothetic Multisector Growth Models," Review of Development Economics, Wiley Blackwell, vol. 19(2), pages 221-243, May.

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    More about this item

    Keywords

    CDES;

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D00 - Microeconomics - - General - - - General

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