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Estimation and Analysis of Consumption Models: Engel Functions and Demand Systems

Estimation and Analysis of Consumption Models: Engel Functions and Demand Systems

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Number of Pages: 268, Year of Publication: 2001, Binding Type: Hardcover, Edition: 1, Print Color: White, Measurement (cm): 0.422, Barcode: 9789957184964

Weight: 422 grams, Dimensions: 17 × 24 cm

Introduction

This book serves as a fundamental entry point in constructing economic models for analyzing consumer expenditure. It delves into topics like family income and consumption, essential for various fields such as consumption planning, income distribution fairness, pricing policies, taxation, and inflation management.

The book is divided into six chapters:

  • Chapter 1: Family Consumption and Income - Definition and Data Usage
  • Chapter 2: Household Budget Surveys - Plan and Sample Generalization
  • Chapter 3: Issues in Consumer Data Usage and Model Formulation
  • Chapter 4: Single Equation Models in Consumption Analysis - Significance Testing and Substitution Elasticity
  • Chapter 5: Demand Systems in Consumption Analysis
  • Chapter 6: Estimation of Demand System Parameters
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