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Cazals, Catherine
, Fève, Frédérique, Fève, Patrick and Florens, Jean-Pierre
(2005)
Simple Structural Econometrics of Price Elasticity.
Economics Letters, 86 (1).
pp. 1-6.
This is the latest version of this item.
Official URL : http://tse-fr.eu/pub/2225
Identification Number : 10.1016/j.econlet.2004.03.032
Abstract
This paper delivers a methodology for the identification of the price elasticity of demand. The approach relies on a structural model of consumer behavior wherein demand and expenditure depend on a heterogeneity factor. We show that the structural parameters are not identified in the one-period case. Conversely, in a two-period case, the structural parameters, and thus the price elasticity of demand, are identified for each period.
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | January 2005 |
| Refereed: | Yes |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 18 Jan 2012 05:48 |
| Last Modified: | 02 Apr 2021 15:33 |
| OAI Identifier: | oai:tse-fr.eu:2225 |
| URI: | https://publications.ut-capitole.fr/id/eprint/1489 |
Available Versions of this Item
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Simple Structural Econometrics of Price Elasticity. (deposited 18 Jan 2012 05:48)
- Simple Structural Econometrics of Price Elasticity. (deposited 18 Jan 2012 05:48) [Currently Displayed]
