Abstract
The Rotterdam, Almost Ideal Demand System, CBS, and NBR models constitute a class of differential demand systems. They correspond to alternative assumptions made concerning the constancy of certain parameters. This paper discusses the restrictions that they impose on the evolution of demand elasticities over time.
Original language | English |
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Pages (from-to) | 83-86 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 44 |
Issue number | 1-2 |
DOIs | |
Publication status | Published - 1994 |