Structural Change and Private Consumption:Evidence from the 1974–75 Household Expenditure Survey

Ross Williams

The Economic Record, 1980, vol. 56, issue 152, 54-68

Abstract: Using data from the 1974–75 Household Expenditure Survey, estimates of marginal budget shares and pre‐committed expenditrues are Obtained for thirteen house hold types chosen on the basis of household composition and age of head. The survey data are reconciled with the national accounts estimates of expenditures, and the adjusted parameter estimates are used to predict national consumption expeditures over the period 1966–67 to 1975–76. The ‐predictions are improved by allowing for the demographic and other structural changes which occurred in the Australian economy over this decade.

Date: 1980
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