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Showing 1 to 1 of 1 for “"Generalized Composite Commodity Theorem"”.
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Theoretically Valid Aggregates in the Absence of Homothetic Preferences, Separable Utility, and Complete Price Data
… to imposing weak separability is to employ the Generalized Composite Commodity Theorem, which requires the relative intra-group commodity prices to be independent of the group price index. This study compares the results of estimating a demand system for composite beef, pork, and poultry …