Estimating high-dimensional demand systems in the presence of many binding non-negativity constraints

A-Tier
Journal: Journal of Econometrics
Year: 2008
Volume: 147
Issue: 2
Pages: 384-395

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Two econometric issues arise in the structural estimation of consumer or producer demand systems in the presence of many binding non-negativity constraints. Firstly, most existing methods entail the evaluation of multivariate probability integrals. Secondly, the issue of statistical coherency must be addressed. We circumvent both of these issues using Gibbs' Sampling, along with data augmentation and rejection sampling. We illustrate our method using several simulated data sets.

Technical Details

RePEc Handle
repec:eee:econom:v:147:y:2008:i:2:p:384-395
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-26