Estimating demand for spatially differentiated firms with unobserved quantities and limited price data
Autor: | Charles C. Moul |
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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 |
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