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We investigate expenditure behaviour of school-aged children using child diary information contained in the British …, sweets, books, and toys are `normal' goods for children, but clothes, travel, leisure and vice products are `luxury' items …
Persistent link: https://www.econbiz.de/10005111406
Persistent link: https://www.econbiz.de/10005821985
expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent’s expenditure patterns. …
Persistent link: https://www.econbiz.de/10005822643
The paper presents estimates of price elasticities of demand for twelve disaggregated alcohol beverages in Australia: premium beer, full strength beer, low alcohol beer, and mid strength beer; red bottled wine, white bottled wine, sparkling wine, cask wine, and dark and light ready-to-drink...
Persistent link: https://www.econbiz.de/10010958953
The Almost Ideal Demand System can be made integrable by a slight change in its specification.
Persistent link: https://www.econbiz.de/10005086691
explore individual specific variation in the composition of the bundles of exclusive goods. The estimation of demand system …
Persistent link: https://www.econbiz.de/10009647425
The act of choosing can influence maximizing behaviour for at least two distinct reasons: 1) process significance and 2) decisional inescapability. The constructive programme of the paper is combined with critical appraisal of the implications of these concerns for rational decisions about...
Persistent link: https://www.econbiz.de/10005780681
Electricity has attained a very important place in every household on this planet. It is a major contributor towards … average household electricity consumption and seasonal variations in this consumption for the months of summer, winter and … moderate weather for Delhi. The factors which influence the electricity consumption of a household have been examined by using …
Persistent link: https://www.econbiz.de/10010801076
Persistent link: https://www.econbiz.de/10005634572
This collective approach to household consumption behavior tries to infer from variables supposed to affect general … bargaining position of household members information on the allocation of consumptions goods and tasks among them. This paper … investigates the extension of previous work to the case where children may be considered as a public consumption good by the two …
Persistent link: https://www.econbiz.de/10005256795