Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061391 | Economics Letters | 2010 | 4 Pages |
Abstract
We study a symmetric AIDS expenditure function that allows for variation in the range of goods. Solving for the reservation prices for goods not available, a convenient form for the expenditure function is obtained. This functional form should prove useful in monopolistic competition models were the range of products changes due to entry and exit.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Robert C. Feenstra,