Econometric estimation of PCAIDS models
نویسندگان
چکیده
This paper presents a version of the proportionally calibrated almost ideal demand system (PCAIDS) model, useful for merger simulations, which can be econometrically estimated using price data for two firms in a market. The model is then applied to a database of the Argentine gasoline market, and its results are compared to the ones obtained with other alternative specifications. JEL Classification: C51, C33, L71.
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