A simple example for the teaching of demand theory: Aggregate demand estimation for onions in India
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...
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Format: | Article |
Language: | English |
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Elsevier
2016-03-01
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Series: | IIMB Management Review |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389616000033 |