Browsing by Subject "demand analysis"
Now showing items 1-4 of 4
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Article
Demographic versus expenditure flexibility in Engel curves
(2008)We consider the effects of demographic and expenditure variables on consumer demand in a system of Engel curves using a smooth coefficient semiparametric model where the expenditure effects on the budget shares vary ...
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Article
Dynamic analysis of British demand for tourism abroad
(2000)This paper investigates how preference endogeneity, in the form of habit persistence, can affect short-run and long-run tourism expenditure decisions. The proposed model is applied to British quarterly data over the period ...
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Article
Estimates of the black economy based on consumer demand approaches
(2004)We propose a consumer demand system approach to estimating the size of the black economy where alternative hypotheses affecting the empirical results can be tested in a nested framework. This approach allows for the ...
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Article
On estimating the cost of characteristics indices from consumer demand analysis
(2003)We examine the information content of relative equivalence scales using a multiperiod framework and argue that in the absence of Independence of Base (IB) these scales can be uniquely identified from demand analysis only ...