Elasticities of beer demand revisited
Elasticities of beer demand revisited
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DOI：
10.1016/s0165-1765(98)00146-3
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发表时间：
1998-10-01
影响因子：
2
通讯作者：
List, JA
中科院分区：
文献类型：
--
作者：
Gallet, CA;List, JA
本文使用美国1964-1992年的啤酒消费总量数据来实证估计啤酒需求弹性。然而，而不是假设的行为参数是时不变的，我们估计一个逐步切换回归模型，明确允许弹性随时间变化。结果表明，这种更一般的模型是有道理的，研究结果说明了变量动态的重要性时，评估建议的政策替代方案的有效性。(C)1998年Elsevier Science S.A. All rights reserved.
This paper uses U.S. aggregate beer consumption data from 1964-1992 to empirically estimate the elasticities of demand for beer. However, rather than assuming the behavioral parameters are time invariant, we estimate a gradual switching regression model that explicitly allows the elasticities to change over time. Results suggest that this more general model is warranted, as findings illustrate the importance of variable dynamics when evaluating the efficacy of proposed policy alternatives. (C) 1998 Elsevier Science S.A. All rights reserved.