Group Demand II: Further Results and Details

Kenneth W. Clements (), Haiyan Liu, Marc Jim M. Mariano (), Eliyathamby A. Selvanathan (), Saroja Selvanathan () and George Verikios ()
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Kenneth W. Clements: University of Western Australia
Haiyan Liu: University of Western Australia
Marc Jim M. Mariano: Commonwealth Scientific and Industrial Research Organisation
Eliyathamby A. Selvanathan: Griffith University
Saroja Selvanathan: Griffith University
George Verikios: Griffith University

Chapter Chapter 9 in Short-cut Demand Elasticities and Other Convenient Approaches to Consumer Demand, 2025, pp 161-179 from Springer

Abstract: Abstract This chapter contains the full derivations of group and conditional demand equations associated with two-stage budgeting, together with references to the prior literature. As a fundamental property of demand equations is that predicted and actual total expenditure must coincide, the econometric implications of the “adding-up” constraints are analysed in detail.

Date: 2025
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DOI: 10.1007/978-981-96-3588-7_9

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