The silence bleating! of the lambdas: Comment

Jeffrey T. Lafrance

doi:10.2307/3180283

The silence bleating! of the lambdas: Comment

Jeffrey T. Lafrance

Research output: Contribution to journal › Review Article › Research › peer-review

10 Citations (Scopus)

Abstract

Alston and Chalfant's least squares test for functional form is biased. A valid test is derived for both univariate and multivariate regression models. An estimation method to account for endogenous left- and right-hand-side current-period budget shares in the Rotterdam and LA- AIDS models is presented. Alston and Chalfant's strenuous rejection of the LA-AIDS model in favor of the Rotterdam model is not supported by their data.

Original language	English
Pages (from-to)	221-230
Number of pages	10
Journal	American Journal of Agricultural Economics
Volume	80
Issue number	1
DOIs	https://doi.org/10.2307/3180283
Publication status	Published - 1 Jan 1998
Externally published	Yes

Keywords

Almost ideal demand system
Demand models
Double length regressions
Functional form
Lagrange multiplier tests
Least squares
Maximum likelihood
Rotterdam model

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.2307/3180283

Cite this

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KW - Almost ideal demand system

KW - Demand models

KW - Double length regressions

KW - Functional form

KW - Lagrange multiplier tests

KW - Least squares

KW - Maximum likelihood

KW - Rotterdam model

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The silence bleating! of the lambdas: Comment

Abstract

Keywords

UN SDGs

Access to Document

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