Regional Consumption Patterns in Australia: A System‐Wide Analysis

Saroja Selvanathan
Authors registered in the RePEc Author Service: Eliyathamby Antony Selvanathan

The Economic Record, 1991, vol. 67, issue 4, 338-345

Abstract: This paper uses consumption data for eight commodity groups to present a system‐wide analysis of consumption patterns in the six States of Australia. We test the hypotheses of demand homogeneity, Slutsky symmetry and preference independence using Monte Carlo simulation techniques and find general acceptance of these hypotheses for the six States. The paper also presents demand elasticities for the eight commodity groups in each State. We find, overall, food, clothing and housing commodity groups are necessities while durables, medical care, transport and miscellaneous groups are luxuries. We also find evidence in support of similarity of consumption patterns across the six Australian States.

Date: 1991
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https://doi.org/10.1111/j.1475-4932.1991.tb02563.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:ecorec:v:67:y:1991:i:4:p:338-345

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