A Varying Coefficient Approach to Global Flexibility in Demand Analysis: A Semiparametric Approximation
提出一种全局灵活的需求系统,通过特殊时间核函数降低维度问题,可用非参数方法估计。肉类需求应用表明该时间核在全局逼近可积需求系统方面有效。
Abstract To reduce dimensionality issues, this article derives a globally flexible demand system that can be estimated non‐parametrically with a specially devised temporal kernel. Statistical and economic results from a meat demand application underscores the usefulness of a temporal kernel in globally approximating an integrable demand system.