Montenegrin Journal of Economics


Complete Systems Of Demand Equations

Vesna Karadžić

2006, vol. 2, no. 3, p. 113-126


The purpose of this paper is to analyze the complete systems of demand equations i.e. models of complex demand analysis as a contemporary approach to estimation of demand equations. Linear Expenditure System, Rotterdam model, flexible functional forms have been analyzed in a critical manner. The paper also stresses open questions and problems in the application of these models.


suggested citation:

Vesna Karadžić. "Complete Systems Of Demand Equations." Montenegrin Journal of Economics. vol. 2, no. 3, 2006, p. 113-126

BibTeX entry    download