International Consumption Comparisons

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On : 06:11

In : Economics

Book Name:International Consumption Comparisons free ebook download
Author:E. A. Selvanathan, S. Selvanathan|Publisher:World Scientific Publishing Company
ISBN: 9810240058 | 350 pages | PDF | 10.94 MB

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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