Semiparametric estimation and consumer demand
探讨半参数方法在消费者需求实证分析中的应用,利用英国家庭支出调查数据估计恩格尔曲线,并通过扩展部分线性模型处理家庭构成差异,实现不同人口特征家庭的非参数恩格尔曲线合并。
This paper considers the implementation of semiparametric methods in the empirical analysis of consumer demand. The application is to the estimation of the Engel curve relationship and uses the British Family Expenditure Survey. Household composition is modelled using an extended partially linear framework. This is shown to provide a useful method for pooling non-parametric Engel curves across households of different demographic composition. © 1998 John Wiley & Sons, Ltd.