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The Estimation of Complete Almost Ideal Demand System from Czech Household Budget Survey Data

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Figure

Table 2. Income elasticities  Beverage  Within group elasticity  t-stat. of related coefficient  Total income elasticity  Beer  1,3316  35.0298  0.9829  Wine  0,7598  -24.4392  0.5609  Spirit  0,4685  -69.5186  0.3458
Table 4. Regression results – Stage 3
Table 6. Regression results – Stage 1

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