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Economic reforms in former socialist societies caused massive reallocation of resources, rapid increases in prices and severe erosion in real income and wages with potentially important distributional consequences. Using the Lithuanian Household Budget Survey, this study estimates an...
Persistent link: https://www.econbiz.de/10009202790
The 1991 Latvia household budget survey provided data for establishing basic information about food consumption levels and patterns in Latvia during the first year of major economic reforms. This study evaluates one aspect of economic decision making of households: how income is allocated for...
Persistent link: https://www.econbiz.de/10009443096
In this study, the linear approximate version of the Almost Ideal Demand System (AIDS) model is estimated using data from the Lithuanian household budget survey covering the period from July 1992 to December 1994. Based on the estimated coefficients of the model, Hossain and Jensen estimated...
Persistent link: https://www.econbiz.de/10005249013
Significant economic changes have occurred in Lithuania since 1992. Major market reforms were introduced through phased liberalization of producer and consumer prices. In this study, panel data from a Lithuanian Household Budget Survey conducted during 1992-94 were used to estimate demand...
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The linear approximate version of the almost ideal demand system (LA-AIDS) model is estimated using data from the Lithuanian household budget survey (HBS) covering the period from July 1992 to December 1994. Price and real expenditure elasticities for 12 food groups were estimated based on the...
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