Hi! We would like some guiding with how to estimate a linear expenditure model with using nlsur command.
This is our demande function and we want to estimate beta and gamma for 11 commodity groups that has an effect on electricity price and consumption (PiXi). We have data on electricity prices (pi) and consumption (xi), price index of all commodity groups. We have data from year 1996 to September 2022.
This is our budget constraint
This is another constraint
We would really appreciate some help!
Tanke you!
This is our demande function and we want to estimate beta and gamma for 11 commodity groups that has an effect on electricity price and consumption (PiXi). We have data on electricity prices (pi) and consumption (xi), price index of all commodity groups. We have data from year 1996 to September 2022.
This is our budget constraint
This is another constraint
We would really appreciate some help!
Tanke you!
