Regional Consumption Patterns: A System-Wide Approach

Selvanathan, Saroja; Selvanathan, E. Anthony

ISBN 10: 1856286223 ISBN 13: 9781856286220

Published by Avebury, Aldershot, 1995

Language: English

Condition: Used - Very good Hardcover

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Bibliographic Details

Title

Regional Consumption Patterns: A System-Wide Approach

Publisher

Avebury, Aldershot

Publication Date

1995

Language

English

ISBN 10

1856286223

ISBN 13

9781856286220

Binding

Hardcover

Edition

1st Edition.

Condition

Very Good

Book Type

Ex-Library

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About this title

Synopsis

The modern system-wide approach to applied demand analysis emphasizes a unity between theory and applications. Its firm foundations in economic theory make it one of the most impressive areas in applied econometrics. As private consumption plays an important role in any regional or multiregional economic model, the main aim of this book is to introduce this modern system-wide approach to the topic of inter-regional consumption comparisons. This study presents a large number of applications of recent innovations in system-wide approaches using a new, specially constructed regional consumption database for australia for the period 1975-1990. The new innovations presented include, simple data-analytic techniques for analyzing regional consumption data;and new tests based on computer simulations for hypothesis testing. The empirical results presented in the book have a number of uses. Application of the above new developments give rise to reliable estimates of income and price elasticities

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