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A varying coefficient approach to global flexibility in demand analysis: a semiparametric approximation

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Sarmiento, Camilo
Abstract (Spanish)
Para reducir los problemas de dimensionalidad, este artículo deriva un sistema de demanda globalmente flexible que puede estimarse de forma no paramétrica con un núcleo temporal especialmente diseñado. Los resultados estadísticos y económicos de una aplicación de la demanda de carne subrayan la utilidad de un núcleo temporal para aproximarse globalmente a un sistema de demanda integrable.
Abstract (English)
To reduce dimensionality issues, this article derives a globally flexible demand system that can be estimated non-parametrically with a specially devised temporal kernel. Statistical and economic results from a meat demand application underscores the usefulness of a temporal kernel in globally approximating an integrable demand system.
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11 páginas
URI: https://repositorio.escuelaing.edu.co/handle/001/2802
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AG - Centro de Estudios Económicos
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