Satiation, Escaping Satiation, and Structural Change: Some Evidence from the Evolution of Engel Curves

Andreas Chai and Alessio Moneta ()

Papers on Economics and Evolution from Max Planck Institute of Economics, Evolutionary Economics Group

Abstract: Certain properties of Engel curves have been linked to the occurrence of structural change in the economy (Pasinetti 1981, Metcalfe et al. 2006, Saviotti 2001). From an empirical perspective, however, very little has been done to examine (i) whether indeed satiation is a general property of Engel curves; (ii) whether the rate at which Engel curves converge to satiation may significantly change over time; and (iii) how stable Engel curves are across time such that it may be appropriate to use them to make predictions about structural change. Using data from the UK Family Expenditure Survey, this paper examines these three issues.

Keywords: Length; 25; pages (search for similar items in EconPapers)
Date: 2009-01
View citations in EconPapers

Downloads: (external link)
ftp://papers.econ.mpg.de/evo/discussionpapers/2008-18.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:esi:evopap:2008-18

Ordering information: This working paper can be ordered from
http://www.econ.mpg. ... arch/EVO/discuss.php

Access Statistics for this paper

More papers in Papers on Economics and Evolution from Max Planck Institute of Economics, Evolutionary Economics Group
Contact information at EDIRC.
Series data maintained by Inken Poßner ().