This is a book on demand analysis that links economic theory to empirical analysis. The first part shows how theory can be used to specify equation systems suitable for empirical analysis. The second part discusses demand systems estimation using both per capita time series data and household budget data.
Readership: Students in economic theory.
Robert A. Pollak, Professor of Economics, University of Pennsylvania, and Terence J. Wales, Department of Economics, University of British Columbia
"Those who are or aspire to be demand analysts will want to buy this book, read it through, refer to it often, and thank Pollak and Wales for their efforts." - The Journal of Consumer Affairs