This book presents an analysis of consumption patterns in the OECD (rich) and LDC (poor) countries using recent data (1950-1998) and econometric methodology for a number of broadly aggregated consumer goods. The income elasticity estimates for the 46 countries and 9 commodity groups are tabulated. The reliability of these elasticity estimates, and also the demand theory hypotheses, are investigated using simulation techniques.
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Language English ● Format PDF ● Pages 356 ● ISBN 9789812795656 ● File size 12.5 MB ● Publisher World Scientific Publishing Company ● City Singapore ● Country SG ● Published 2003 ● Downloadable 24 months ● Currency EUR ● ID 2446744 ● Copy protection Adobe DRM
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