Estimating a differentiated products model with a discrete/continuous choice and limited data /

This paper specifies a vertically differentiated products model for a product with a discrete/continuous choice. The model is easily estimated with the relatively limited data used in classical demand equation estimation, supplemented by readily available market characteristics data. The model, with...

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Bibliographic Details
Main Author: Prentice, David
Format: Book
Language:English
Published: Bundoora, Vic. : La Trobe University. School of Business, 2000
Series:Discussion papers (La Trobe University. School of Business) no. 00.16
Subjects:
Online Access:http://www.latrobe.edu.au/__data/assets/pdf_file/0003/130872/2000.16.pdf

MARC

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260 |a Bundoora, Vic. :  |b La Trobe University. School of Business,  |c 2000 
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490 1 |a Discussion papers ;  |v no. A00.16  |x 1441-3213 
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520 3 |a This paper specifies a vertically differentiated products model for a product with a discrete/continuous choice. The model is easily estimated with the relatively limited data used in classical demand equation estimation, supplemented by readily available market characteristics data. The model, with some modifications, is estimated with a new dataset (by state and region) for the U.S. Portland cement industry. Plausible patterns of own and cross price elasticities are obtained. The role of market characteristics is estimated generalizing the applicability of the results to other markets and periods.  
650 4 |a INDUSTRIA DEL CEMENTO  |9 4186 
650 4 |a MODELOS ECONOMETRICOS  |9 75 
651 4 |a ESTADOS UNIDOS  |9 39 
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