Estimating a differentiated products model with a discrete/continuous choice and limited data /
Prentice, David
Estimating a differentiated products model with a discrete/continuous choice and limited data / David Prentice. - Bundoora, Vic. : La Trobe University. School of Business, 2000 - 28 p. - Discussion papers ; no. A00.16 1441-3213 . - Discussion papers (La Trobe University. School of Business) Series A no. 00.16 .
Bibliografía: p. 25-26.
This paper specifies a vertically differentiated products model for a product with a discrete/continuous choice. The model is easily estimated with the relatively limited data used in classical demand equation estimation, supplemented by readily available market characteristics data. The model, with some modifications, is estimated with a new dataset (by state and region) for the U.S. Portland cement industry. Plausible patterns of own and cross price elasticities are obtained. The role of market characteristics is estimated generalizing the applicability of the results to other markets and periods.
186446531X
INDUSTRIA DEL CEMENTO
MODELOS ECONOMETRICOS
ESTADOS UNIDOS
338.476668
Estimating a differentiated products model with a discrete/continuous choice and limited data / David Prentice. - Bundoora, Vic. : La Trobe University. School of Business, 2000 - 28 p. - Discussion papers ; no. A00.16 1441-3213 . - Discussion papers (La Trobe University. School of Business) Series A no. 00.16 .
Bibliografía: p. 25-26.
This paper specifies a vertically differentiated products model for a product with a discrete/continuous choice. The model is easily estimated with the relatively limited data used in classical demand equation estimation, supplemented by readily available market characteristics data. The model, with some modifications, is estimated with a new dataset (by state and region) for the U.S. Portland cement industry. Plausible patterns of own and cross price elasticities are obtained. The role of market characteristics is estimated generalizing the applicability of the results to other markets and periods.
186446531X
INDUSTRIA DEL CEMENTO
MODELOS ECONOMETRICOS
ESTADOS UNIDOS
338.476668