A simple example for the teaching of demand theory: Aggregate demand estimation for onions in India Chatterjee, Devlina

By:

Chatterjee, Devlina

Material type: Text

TextPublication details: Bangalore Indian Institute of Management - Bangalore 22 January 2016Description: 20-24Subject(s):

Empirical; Demand; Estimation; Regression; Onions; Indian; Wholesale

In: RAVI aNSHUMAN V. IIMB Management Review

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Vol info	Status	Notes	Date due	Barcode	Item holds
Journal Article	Main Library	Vol. 28, No. 1/5555646JA3 (Browse shelf(Opens below))		Available			5555646JA3
Journals and Periodicals	Main Library On Display	JRNL/GEN/Vol 28, Issue 1/5555646 (Browse shelf(Opens below))	Vol 28, Issue 1 (30/04/2015)	Not for loan	March, 2016		5555646

Total holds: 0

Browsing Main Library shelves Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	Vol. 25, no.1/5555595JA3 Some Predictors of Entrepreneurship Article Impact	Vol. 28, No. 1/5555646JA1 Forecasting the price of gold: An error correction approach	Vol. 28, No. 1/5555646JA2 The Impact of Customer-Based Brand Equity on the Operational Performance of FMCG Companies in India	Vol. 28, No. 1/5555646JA3 A simple example for the teaching of demand theory: Aggregate demand estimation for onions in India	Vol. 28, No. 1/5555646JA4 A study and analysis of recommendation systems for location-based social network (LBSN) with big data	Vol. 28, No. 1/5555646JA5 Sudden breaks in drift-independent volatility estimator based on multiple periods open, high, low, and close prices	Vol. 28, No. 1/5555646JA6 Business and society : Creating shared value: In conversation with N.R. Narayana Murthy, Founder, Infosys	Next

Managerial economics textbooks rarely include empirical examples of demand estimation of any commodity from real data, perhaps because in reality one must consider coupled demand systems. We suggest that on a national level and over a short time, the price-volume data for onions provide a bona fide example of a single-commodity demand curve. Since the onion has no real substitutes and taste for onions does not fluctuate, the demand curve does not shift over time. Empirical analysis of aggregated national level data yields a demand curve with two regimes: constant consumption at low prices, and constant budget at high prices.

There are no comments on this title.

to post a comment.

Place hold
Print
Add to your cart (remove)
Suggest for purchase
Save record
BIBTEX Dublin Core MARCXML MARC (non-Unicode/MARC-8) MARC (Unicode/UTF-8) MARC (Unicode/UTF-8, Standard) MODS (XML) RIS
More searches

Search for this title in:

Other Libraries (WorldCat) Other Databases (Google Scholar) Online Stores (Bookfinder.com)

IES Management College And Research Centre

A simple example for the teaching of demand theory: Aggregate demand estimation for onions in India Chatterjee, Devlina

Browsing Main Library shelves Close shelf browser (Hides shelf browser)