summary.aidsElas: Summarizing the Elasticities of an Almost Ideal Demand System

In micEconAids: Demand Analysis with the Almost Ideal Demand System (AIDS)

Summarizing the Elasticities of an Almost Ideal Demand System

Description

These functions summarize and print the estimated elasticities of an Almost Ideal Demand System (AIDS).

Usage

## S3 method for class 'aidsElas'
summary( object, ... )

## S3 method for class 'summary.aidsElas'
print( x, ... )

Arguments

object	an object of class aidsElas.
x	an object of class summary.aidsElas.
...	currently ignored.

Value

summary.aidsEst returns a list of class summary.aidsElas. It is identical to the provided object (except for its class), but it contains following additional element:

table

a matrix with 4 columns: all elasticities, their standard errors (if available), their t-values (if available), and their P-values (if available).

Author(s)

Arne Henningsen

See Also

aidsElas, aidsEst.

Examples

   # Using data published in Blanciforti, Green & King (1986)
   data( Blanciforti86 )
   # Data on food consumption are available only for the first 32 years
   Blanciforti86 <- Blanciforti86[ 1:32, ]

   ## Repeating the demand analysis of Blanciforti, Green & King (1986)
   estResult <- aidsEst( c( "pFood1", "pFood2", "pFood3", "pFood4" ),
      c( "wFood1", "wFood2", "wFood3", "wFood4" ), "xFood",
      data = Blanciforti86, method = "IL" )
   summary( elas( estResult ) )

micEconAids documentation built on May 20, 2022, 5:05 p.m.