ESTIMATING AUTOMOTIVE ELASTICITIES FROM SEGMENT ELASTICITIES AND 1ST CHOICE 2ND CHOICE DATA

被引：16
|
作者：
BORDLEY, RF [1 ]
机构：
[1] NATL SCI FDN, WASHINGTON, DC 20550 USA
来源：
REVIEW OF ECONOMICS AND STATISTICS | 1993年 / 75卷 / 03期
关键词：
D O I：
10.2307/2109459
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Of the share lost to one product because of a price change, diversion fractions are the fractions of that lost share going to each of the other products. This paper expresses product cross-elasticities in terms of diversion fractions and a scaling factor. Since the automotive market includes more than 200 products, time-series data are insufficient for estimating all elasticities. Instead, this paper estimates automotive elasticities by specifying the diversion fractions using cross-sectional first choice/second choice data and estimating the remaining scaling factor and own-elasticities using more aggregate elasticities estimated from time-series.
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收藏
页码：455 / 462
页数：8
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