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dc.contributor.authorMissong, Martinen_US
dc.contributor.authorRolf, Anjaen_US
dc.date.accessioned2005-05-30en_US
dc.date.accessioned2010-08-13T08:24:11Z-
dc.date.available2010-08-13T08:24:11Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/38626-
dc.description.abstractCalculation of purchasing power parities based on observed consumer behaviour typically relies on the existence of some kind of 'international preferences'. We argue that this unrealistic assumption can be abandoned in 'regional' studies of purchasing power, where prices in both territories under study might differ only slightly. Drawing on recent results for the derivation of equivalence scales, we develop a model of regional purchasing power and discuss several procedures for testing model specification. The model is applied to data of the German Income and Expenditure Survey 1998 to estimate the wedge between purchasing power in the western and eastern part of Germany.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesFE working paper // University of Kiel, Department of Food Economics and Consumption Studies 0403en_US
dc.subject.jelC43en_US
dc.subject.jelD12-
dc.subject.jelF01-
dc.subject.ddc330en_US
dc.subject.stwKaufkraftparitäten_US
dc.subject.stwRegionalforschungen_US
dc.subject.stwEmpirische Methodeen_US
dc.subject.stwDeutschlanden_US
dc.titleUtility based regional purchasing power paritiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn487728645en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:caufew:0403-
Appears in Collections:FE Working Papers, Department of Food Economics and Consumption Studies, CAU Kiel

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