Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/240467 
Autor:innen: 
Erscheinungsjahr: 
2020
Schriftenreihe/Nr.: 
IFN Working Paper No. 1324
Verlag: 
Research Institute of Industrial Economics (IFN), Stockholm
Zusammenfassung: 
This paper proposes a simple non-parametric framework to calculate income elasticities from a data set of observed prices and consumed quantities without having to estimate any parameters. The framework can be applied when the price-quantity data satisfies a revealed preference axiom called the strong version of the strong axiom of revealed preference (SSARP). The framework is used to calculate income elasticities for food and non-alcoholic drinks from a rich panel of household expenditures. For this category, it is found that households are rather homogeneous in their demand responses.
Schlagwörter: 
Income elasticity
Non-parametric
Revealed preference
SSARP
JEL: 
D11
D12
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
215.53 kB





Publikationen in EconStor sind urheberrechtlich geschützt.