This article presents a Monte Carlo evaluation of some alternative estimators for a demand model when the budget constraint is piecewise-linear and the budget set is convex. We examine the performance ...

Total factor productivity (TFP) is considered as a good measure of productivity. However, empirical TFP, often calculated from ordinary least squares (OLS) residuals from production function estimates ...

This is a preview. Log in through your library . Abstract Consumer demand systems and aggregate consumption in the USA: an application of the extended linear expenditure system. Two complete demand ...