productData_cars

Product data of BLP's car example.

datasets

Provides the estimation algorithm to perform the demand estimation described in Berry, Levinsohn and Pakes (1995) <DOI:10.2307/2171802> . The routine uses analytic gradients and offers a large number of implemented integration methods and optimization routines.

Daniel Brunner

BLPestimatoR

Performs a BLP Demand Estimation

productData_cars function

A data frame with product data of 2217 cars in 20 markets.<dl>
 <dt>share</dt>
<dd>car market share,</dd> <dt>price</dt>
<dd>car price,</dd> <dt>hpwt</dt>
<dd>horsepower-weight ratio,</dd> <dt>air</dt>
<dd>1, if car has air conditioning, 0 otherwise,</dd> <dt>mpg</dt>
<dd>market identifier,</dd> <dt>space</dt>
<dd>length times width of the car,</dd> <dt>const</dt>
<dd>constant,</dd> <dt>id</dt>
<dd>uniquely identifies a car,</dd> <dt>cdid</dt>
<dd>uniquely identifies the market of a product,</dd> <dt>firmid</dt>
<dd>uniquely identifies the firm of a product (corresponds to column number in the ownership matrix).</dd> 
</dl>

Format

Product data of BLP's car example. — productData_cars

A data frame with product data of 2217 cars in 20 markets.<dl>
 <dt>share</dt>
<dd>car market share,</dd>

 <dt>price</dt>
<dd>car price,</dd>

 <dt>hpwt</dt>
<dd>horsepower-weight ratio,</dd>

 <dt>air</dt>
<dd>1, if car has air conditioning, 0 otherwise,</dd>

 <dt>mpg</dt>
<dd>market identifier,</dd>

 <dt>space</dt>
<dd>length times width of the car,</dd>

 <dt>const</dt>
<dd>constant,</dd>

 <dt>id</dt>
<dd>uniquely identifies a car,</dd>

 <dt>cdid</dt>
<dd>uniquely identifies the market of a product,</dd>

 <dt>firmid</dt>
<dd>uniquely identifies the firm of a product (corresponds to column number in the ownership matrix).</dd>

 
</dl>

productData_cars: Product data of BLP's car example.

Description

Usage

Arguments

Format