Search Results - subject:"estimation of income elasticities"

Estimation of income elasticities and their use in a CGE model in Palestine

de Boer, P.M.C.; Missaglia, Missaglia, M. - Faculteit der Economische Wetenschappen, Erasmus … - 2006

A popular functional form for modeling the consumption block of a computable general equilibrium model (CGE) is the Linear Expenditure System (LES) for which the Engel curves are straight lines. The LES does not allow for the existence of inferior commodities, elastic demand and for gross...

Persistent link: https://www.econbiz.de/10010837935

Estimation of income elasticities and their use in a CGE model in Palestine

Boer, P.M.C. de; Missaglia, M. - Erasmus University Rotterdam, Econometric Institute - 2006

1 Estimation of income elasticities and their use in a CGE model for Palestine Paul de Boer* and Marco Missaglia … using a IAS to represent consumption behaviors. Keywords: CGE model, LES, indirect addilog system, estimation of income … elasticities, Palestine * This paper is dedicated to Professor W.H. Somermeyer, Director of the …

Persistent link: https://www.econbiz.de/10005000452