Estimating demand for spatially differentiated firms with unobserved quantities and limited price data

Autor: Charles C. Moul
Rok vydání: 2015
Předmět:
Zdroj: Economics Letters. 131:50-53
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2015.03.034
Popis: Extending the circular-city model, I derive a pricing equation that identifies key structural parameters from one firm’s data. Simulations indicate demand shifters and rotators can be distinguished, cost parameters are imprecise, and the likeliest specification error biases estimates toward zero.
Databáze: OpenAIRE