logit.sw.cali: logit.sw.cali

In realxinzhao/tradecast: Hindcast framework for validating an Armington-based agricultural trade model

logit.sw.cali

Description

Calibrating share-weights to be used in relative cost logit sharing function

Usage

logit.sw.cali(q, p, logit.exponent, sw_relative = "sw_share")

Arguments

q	A vector of quantities in the nest
p	A vector of prices in the nest
logit.exponent	A numeric value of logit exponent
sw_relative	Options of scaling method in share-weights: "sw_share" returns share-weights summing to 1 and "sw_default" returns share-weights anchored to the first item

Value

Calibrated share-weights

realxinzhao/tradecast documentation built on June 1, 2024, 3:37 a.m.