A homothetic utility function for monopolistic competition models, without constant price elasticity
A homothetic utility function for monopolistic competition models, without constant price elasticity
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DOI:
10.1016/s0165-1765(02)00181-7
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发表时间:
2003-01-01
影响因子:
2
通讯作者:
Feenstra, RC
中科院分区:
文献类型:
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作者:
Feenstra, RC
The symmetric translog expenditure function leads to a demand system that has unitary income elasticity but non-constant price elasticities. This expenditure function will be useful in monopolistic competition models, and retains its properties even as the number of goods varies. (C) 2002 Elsevier Science B.V. All rights reserved.