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aiElas

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 (cs258@.msstate.edu)

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.

Examples

# see the examples for 'aiDynFit'.

erer

Empirical Research in Economics with R

v3.0

GPL (>= 2)

Authors

Changyou Sun <cs258@msstate.edu>

Initial release

2020-04-30