TY - JOUR PY - 1992// TI - An almost ideal demand system for alcoholic beverages in British Columbia JO - Empirical economics A1 - Alley, A. G. A1 - Ferguson, D. G. A1 - Stewart, K. G. SP - 401 EP - 418 VL - 17 IS - 3 N2 - An almost ideal demand system for alcoholic beverages in British Columbia is estimated based on five beverage categories. Estimates of the model unrestricted and restricted to satisfy homogeneity and symmetry are presented. The restrictions are tested: as is common in applied demand analysis a number of rejections are encountered, although within-equation tests tend to support homogeneity. The rejections which are encountered are not mitigated by the inclusion of dynamic elements. The Slutsky matrix is used to examine the concavity of the expenditure function, which is found to be mildly violated. Marshallian and Hicksian own-, cross-price, and income elasticities are calculated and are found to be largely consistent with previous findings, although some noteworthy results are obtained.
Language: en
LA - en SN - 0377-7332 UR - http://dx.doi.org/10.1007/BF01206301 ID - ref1 ER -