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As a typical developing Asian county, the growth in per capita income generally brings to diversification in Malaysians … Almost Ideal Demand System (QUAIDS). The empirical results indicate that income elasticity of demand for rice (0.7104) is the … highest compared to other food items in the LA/AIDS model, while income elasticity of demand for wheat (0.5087) is higher than …
Persistent link: https://www.econbiz.de/10005105680
In this document, we investigate the evolution of the income elasticity and the price elasticity of the demand for … elasticity of gasoline demand. This shift, not present in the income elasticity, occurred almost at the beginning of the period …
Persistent link: https://www.econbiz.de/10005168605
-economic factors. Income results associated to a positive elasticity, though lower than one. The role of other socio-economic territory …
Persistent link: https://www.econbiz.de/10005423182
We first examine the determinants of household expenditures on space heating and hot water supply in Germany. A number of socio-economic characteristics of households are included along with building characteristics. Our analysis covers information on more than 12,000 households in Germany for...
Persistent link: https://www.econbiz.de/10005593140
In Great Britain several policy measures have been implemented in order to increase energy efficiency and to reduce carbon emissions. In the domestic sector, these targets can be achieved by improving space heating efficiency and, hence, decrease heating expenditures. However, before...
Persistent link: https://www.econbiz.de/10005818910
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand … synthesize research results on price and income elasticities of residentialwater demand report in the literature. These … empirical estimates of the price and income elasticity ofresidential water demand vary to such considerable extents. The set of …
Persistent link: https://www.econbiz.de/10011257434
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … that there are substantial differences between the permanent and transitory income determinants - also in terms of the … direction of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according …
Persistent link: https://www.econbiz.de/10011308440
In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the euro area. For this purpose we use the methodology...
Persistent link: https://www.econbiz.de/10011664054
decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …
Persistent link: https://www.econbiz.de/10012135921
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … that there are substantial differences between the permanent and transitory income determinants - also in terms of the … direction of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according …
Persistent link: https://www.econbiz.de/10011307453