LEADER 05209nam 2200649Ia 450 001 9910782286103321 005 20230617040731.0 010 $a1-281-95557-4 010 $a9786611955571 010 $a981-279-565-0 035 $a(CKB)1000000000537869 035 $a(EBL)1681366 035 $a(OCoLC)815755783 035 $a(SSID)ssj0000181125 035 $a(PQKBManifestationID)11177744 035 $a(PQKBTitleCode)TC0000181125 035 $a(PQKBWorkID)10152595 035 $a(PQKB)10186161 035 $a(MiAaPQ)EBC1681366 035 $a(WSP)00004167 035 $a(Au-PeEL)EBL1681366 035 $a(CaPaEBR)ebr10255712 035 $a(CaONFJC)MIL195557 035 $a(EXLCZ)991000000000537869 100 $a20030811d2003 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInternational consumption comparisons$b[electronic resource] $eOECD versus LDC /$fE.A. Selvanathan, S. Selvanathan 210 $aSingapore ;$aRiver Edge, NJ $cWorld Scientific$dc2003 215 $a1 online resource (354 p.) 300 $aDescription based upon print version of record. 311 $a981-02-4005-8 320 $aIncludes bibliographical references and indexes. 327 $aCONTENTS ; PREFACE ; LIST OF TABLES ; LIST OF FIGURES ; TECHNICAL NOTES ; ACKNOWLEDGEMENTS ; CHAPTER 1: AN OVERVIEW OF INTERNATIONAL CONSUMPTION PATTERNS ; 1.1 An Overview of the OECD and LD Countries ; 1.2 Consumption Theory ; 1.3 A Review of International Consumption Comparisons 327 $a1.4 A Pioneering International Consumption Study 1.5 Are Tastes Constant? ; References ; CHAPTER 2: CONSUMER DEMAND MODELS ; 2.1 The Economic Theory of the Consumer ; 2.2 The Structure of Preferences ; 2.3 Differential Approach to Deriving Demand Equations 327 $a2.4 Other Popular Demand Systems 2.5 More on the Differential Demand Equations ; 2.6 Aggregation and Consumer Demand ; References ; CHAPTER 3: DATA ANALYSIS: OECD COUNTRIES ; 3.1 Data Source ; 3.2 Summary Measures ; 3.3 Engel's Law 327 $a3.4 Preliminary Estimates of Income and Price Elasticities 3.5 Preliminary Estimates of the Income Flexibility ; 3.6 Testing the Frisch's Conjecture ; 3.7 The Validity of Preference Independence ; References ; CHAPTER 4: DATA ANALYSIS: LESS DEVELOPED COUNTRIES ; 4.1 Data Source 327 $a4.2 Summary Measures 4.3 Engel's Law ; 4.4 Preliminary Estimates of Income and Price Elasticities ; 4.5 Preliminary Estimates of the Income Flexibility ; 4.6 Testing the Frisch's Conjecture ; 4.7 The Validity of Preference Independence ; References 327 $aCHAPTER 5: A COMPARISON OF CONSUMPTION PATTERNS IN THE OECD AND LD COUNTRIES 330 $a This book presents an analysis of consumption patterns in the OECD (rich) and LDC (poor) countries using recent data (1950-1998) and econometric methodology for a number of broadly aggregated consumer goods. The income elasticity estimates for the 46 countries and 9 commodity groups are tabulated. The reliability of these elasticity estimates, and also the demand theory hypotheses, are investigated using simulation techniques.
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