Econometrica: Mar 1973, Volume 41, Issue 2
Determination of Consumer Unit Scales
A. L. Nagar, Balvir SinghThis paper develops an iterative procedure for estimating "specific" and "income" consumer unit scales in Engel curve analysis. The proposed procedure is essentially a modification of the Prais and Houthakker method and is illustrated by means of a numerical example based on the Indian National Sample Survey data.
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