EconPapers    
Economics at your fingertips  
 

Estimation of Demand Parameters under Consumer Budgeting: An Application to Argentina

Alain de Janvry (), J. Bieri and A. Nuñez

American Journal of Agricultural Economics, 1972, vol. 54, issue 3, 422-430

Abstract: This study assumes that consumer expenditures occur in a stepwise fashion in which income is fist allocated to budget categories and then to optimum quantities within each category. With this assumption, a model was developed to estimate the price and icome elasticities of demand of all items in one budget category—like food—and the cross-price elasticities of these items with all others. The approach permits one to specify the changes in expenditure levels on budget categories from cross-section information and the flexibility of money. The model was empirically applied to Argentine consumption data.

Date: 1972
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.2307/1239158 (application/pdf)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:oup:ajagec:v:54:y:1972:i:3:p:422-430.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press (). This e-mail address is bad, please contact .

 
Page updated 2019-10-19
Handle: RePEc:oup:ajagec:v:54:y:1972:i:3:p:422-430.