Preference heterogeneity and the rank of demand systems

被引：11
|
作者：
Lyssiotou, P [1 ]
Pashardes, P
Stengos, T
机构：
[1] Univ Cyprus, Dept Econ, Nicosia, Cyprus
[2] Univ Guelph, Dept Econ, Guelph, ON N1G 2W1, Canada
来源：
JOURNAL OF BUSINESS & ECONOMIC STATISTICS | 1999年 / 17卷 / 02期
关键词：
Engel curve; semiparametric partial linear model;
D O I：
10.2307/1392479
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines the effect of preference heterogeneity on nonparametric and parametric tests of the rank of demand systems. Using samples of households drawn from the U.K. Family Expenditure Survey, we find that preference heterogeneity increases the rank of demand systems. When the effects of household characteristics on demand are removed by semiparametric techniques, a rank-3 demand system appears to be an adequate empirical specification for all samples.
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页码：248 / 252
页数：5
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