AIDSMAlmost Ideal Demand System Model
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Calculation of elasticity's from the Indicators of the demand form AIDSM: The own and cross price elasticities can be calculated from the coefficients of the demand form AIDSM by applying the following Marshall formula (Richard and Julian 1990),and (Nicholson, 1992):
Statistical Estimation of the Demand Form AIDSM: In the case of compensation by the formula equation loge(Pt), on the right side of equation (2), the State's share i of the total expenditure on imports in the period of time t becomes non-linear in the coefficients and can be expressed as follows:
Through the TXU Energy AidSM program, the company is offering USD500,000 to assist customers who need help paying their electric bills in areas hit by Hurricane Harvey.