This paper provides time-series and cross-sectional budget survey analyses of the demand for food in the United States and the Netherlands according to the tasks set by Jan Magnus and Mary Morgan (MM). Various econometric methods, including weighted least squares (WLS), cointegration, error correcti
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Simple Forecasting Models for Farm Tractor Demand in Italy, France and the United States
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- Publisher
- Elsevier Science
- Year
- 1998
- Tongue
- English
- Weight
- 321 KB
- Volume
- 71
- Category
- Article
- ISSN
- 0021-8634
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We analyse the demand for food in the USA and the Netherlands in the period 1929ยฑ88, using a dierential consumer demand system, the CBS model, and we compare our results with those of Tobin. For the USA we ยฎnd an income elasticity of 0 . 75, both in budget-survey data and in time-series data, which