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We address the issue of endogenous expenditures in the context of a censored demand system by an augmented regression approach estimated with a two-step estimator. An application to food demand by urban households in Mozambique shows that accounting for endogeneity is potentially important in...
Persistent link: https://www.econbiz.de/10013037958
This paper proposes a finite mixture model (FMM) to model the behavioral transition of calorie consumption with an assumption that nutrition consumption is a mixture of two different behavioral stages: a poor stage and an affluent stage. Based on 387 calorie-income elasticities collected from 90...
Persistent link: https://www.econbiz.de/10010353355
quantity and expenditure share of vegetables decreased in the interval. The expenditure elasticity shows that urban households …
Persistent link: https://www.econbiz.de/10015415122
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10001567021
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10011433806
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10011339693
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10013321213
Persistent link: https://www.econbiz.de/10013436066
Persistent link: https://www.econbiz.de/10011616394
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