We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Aggregate consumer behaviour without exact aggregation.
- Authors
Nicol, Christopher J.
- Abstract
A model of consumer behaviour is estimated by pooling Canadian cross-sectional and time-series data. In contrast to a similar study by Jorgenson, Lau and Stoker (1982), exact aggregation, homogeneity, and symmetry are not imposed but are tested. Exact aggregation is rejected. However, these data are less sensitive to homogeneity and symmetry restrictions. Demographic effects appear to be important determinants of demand. The model can also be estimated using only cross-sectional data. These results indicate that exact aggregation should not be imposed, and household demographic effects should be modelled. Homegeneity and symmetry seem relatively less retrictive for these data.
- Subjects
CANADA; CONSUMER behavior; DEMOGRAPHY
- Publication
Canadian Journal of Economics, 1991, Vol 24, Issue 3, p578
- ISSN
0008-4085
- Publication type
Article
- DOI
10.2307/135581