EconPapers    
Economics at your fingertips  
 

National and international income dispersion and aggregate expenditures

Carmen Fillat-Castejon () and Joseph Francois

Documentos de Trabajo from Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza

Abstract: We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income distribution) effects. This yields insights for relevant aggregate household specifications in computational policy models emphasizing household distribution of income. This also yields a consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation of flexible demand systems with representative expenditures (which reflects income distribution within countries) yields a significant relationship between representative consumption and cross-country demand patterns.

Keywords: income distribution; aggregate demand; demand system estimation; Engel curves (search for similar items in EconPapers)
JEL-codes: D31 D12 D63 C68 (search for similar items in EconPapers)
Date: 2004-06
References: View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.dteconz.unizar.es/DT2004-06.pdf (application/pdf)

Related works:
Working Paper: National and International Income Dispersion and Aggregate Expenditures (2004) Downloads
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:zar:wpaper:dt2004-06

Access Statistics for this paper

More papers in Documentos de Trabajo from Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza Contact information at EDIRC.
Series data maintained by Vicente Pinilla ().

 
Page updated 2017-06-09
Handle: RePEc:zar:wpaper:dt2004-06