aiElas: Computing Elasticity for Static or Dynamic AIDS Models

In erer: Empirical Research in Economics with R

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 aiFit from the function of aiStaFit or aiDynFit.
...	additional arguments to be passed to bsTab, e.g., digits = 3.

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 ([e-mail])

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

aiStaFit; aiDynFit.

Examples

# see the examples for 'aiDynFit'.

erer documentation built on Sept. 26, 2024, 5:06 p.m.