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Systems of Demand Equations: An Empirical Comparison of Alternative Functional Forms

✍ Scribed by Richard W. Parks


Book ID
115501775
Publisher
John Wiley and Sons
Year
1969
Tongue
English
Weight
873 KB
Volume
37
Category
Article
ISSN
0012-9682

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An empirical comparison of flexible dema
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## Abstract This paper compares the performance of eight frequently used flexible forms that are either (1) locally flexible, (2) β€˜effectively globally regular’, or (3) asymptotically globally flexible. Results show that the functions with global properties generally perform better, particularly th