Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Mar, 1973, Volume 41, Issue 2

Determination of Consumer Unit Scales

https://www.jstor.org/stable/1913494
p. 347-355

A. L. Nagar, Balvir Singh

This 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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