Estimating a cointegrating demand system

被引：44

作者：

Attfield, CLF

机构：

[1] Department of Economics, University of Bristol, 8 Woodland Road, Bristol

来源：

EUROPEAN ECONOMIC REVIEW | 1997年 / 41卷 / 01期

关键词：

conintegration; demand system; homogeneity;

D O I：

10.1016/0014-2921(95)00062-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The set of variables in a time series demand model in the form of the Almost Ideal Demand System are found to be I(1) with the demand equations forming a cointegrating system. The parameters of the cointegrating equations are estimated and tested using a 'triangular error correction' procedure. The null hypothesis of homogeneity with respect to prices and nominal income in the system cannot be rejected.

引用

页码：61 / 73

页数：13

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