Units of Measurement and the Stone Index in Demand System . - jstorGiancarlo Moschini. The Stone index typically used in estimating linear almost ideal demand systems is not invariant to changes in units of measurement, which.stone index moschini,3. ECONOMETRIC MODELS FOR CONSUMPTION ANALYSIS - FAOAs Moschini (1998) pointed out, the AIDS model automatically satisfies the aggregation . The LA/AIDS model with the Stone index can be denoted as follows:.
stone index moschini