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Non-Parametric Demand Analysis with an Application to the Demand for Fish

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NBER1995-04-01 更新2025-01-04 收录
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Instrumental variables (IV) estimation of a demand equation using time series data is shown to produce a weighted average derivative of heterogeneous potential demand functions. This result adapts recent work on the causal interpretation of two-stage least squares estimates to the simultaneous

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1995-04-01
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