Estimation of Income-Expenditure Relationships for Beef Using Spline Functions

Chung-Liang Huang and Robert Raunikar

No 278295, 1979 Annual Meeting, July 29-August 1, Pullman, Washington from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Income-expenditure relationships are important components in many economic models used to project food expenditure and in understanding food expenditure related behavior. While the empirical estimation of income-expenditure relations have concentrated on the effects of income variations on the level of expenditure. However, the problem associated with the assumption of structural homogeneity in the analysis of household expenditure behavior has received less attention in the applied literature.

Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 13
Date: 1979-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea79:278295

DOI: 10.22004/ag.econ.278295

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