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A comment on the Bardsley and McRae test for a method of estimating equivalence scales

โœ Scribed by L.D. McClements


Book ID
113213062
Publisher
Elsevier Science
Year
1988
Tongue
English
Weight
184 KB
Volume
37
Category
Article
ISSN
0047-2727

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## Abstract A recent article (Breslaw and Smith, 1995) published in this journal provided an iterative numerical technique for computing the welfare effects of price changes. In this note we take issue with the application used to demonstrate this technique. In particular, we show that the demands