aiElas {erer} | R Documentation |
Computing Elasticity for Static or Dynamic AIDS Models
Description
Calculate expenditure elasticity, Marshalllian price elasticity, Hicksian price elasticity, and their variances for static or dynamic AIDS Models.
Usage
aiElas(z, ...)
Arguments
z |
an object of class |
... |
additional arguments to be passed to |
Details
Calculate expenditure elasticity, Marshalllian price elasticity, and Hicksian price elasticity for static or dynamic AIDS Models. The related variance, t-ratio, p-value, and significance are also reported.
Value
Return a list object with the following components:
name |
name of the share variables; the omitted share name is the last one. |
expen |
expenditure elasticity and related statistics. |
marsh |
Marshalllian price elasticity and related statistics. |
hicks |
Hicksian price elasticity and related statistics. |
Author(s)
Changyou Sun (cs258@msstate.edu)
References
Wan, Y., C. Sun, and D.L. Grebner. 2010. Analysis of import demand for wooden beds in the United States. Journal of Agricultural and Applied Economics 42(4):643-658.
See Also
Examples
# see the examples for 'aiDynFit'.