Showing 1 - 4 of 4
This article investigates a number of empirical regularities in the South African consumption patterns. The data support the following empirical regularities: (1) variability in consumption systematically exceeds the variability in prices; (2) law of demand; (3) income flexibility is about -0.5;...
Persistent link: https://www.econbiz.de/10005505680
Stigler and Becker (1977) argue that tastes neither change capriciously nor differ importantly between people; it is differences in prices and incomes that determine differences in behaviour. In this paper we analyse the alcohol consumption patterns of drinkers from 8 industrialized countries. We...
Persistent link: https://www.econbiz.de/10005511184
This paper investigates the question of additive structure of the utility function using the data for nine broad commodity groups from 45 countries. Further evidence is presented in support of the preference independent utility structure.
Persistent link: https://www.econbiz.de/10005643827
In recent years, due to the Indian Federal Government's and Tamil Nadu State Government's various initiatives and promotional activities, foreign and domestic tourist arrivals in Tamil Nadu are on the increase. This article aims to model the monthly tourist arrivals (foreign as well as domestic)...
Persistent link: https://www.econbiz.de/10008466813