Gately, D.; Huntington, H.G. - C.V. Starr Center for Applied Economics, Department of … - 2001
income elasticity; (2) demand's response to income decreases in many non-OECD countries is not necessarily symmetric to its … response to income increases; ignoring this asymmetric income response will bias the estimated income elasticity; (3) the speed … Growers and perhaps all Non-OECD countries. These income elasticity estimates are significantly higher than current estimates …
