The EASI Demand System: Evidence from China Household

Ze Song, Lianyou Li and Chao Ma

MPRA Paper from University Library of Munich, Germany

Abstract: We have applied the Exact Affine Stone Index(EASI) implicit Marshallian demand system ,invented by Lewbel and Pendakur (2009),and iterate three stage least squares to analysis Chinese household consumer demand in urban area.Our results show a demand system rank to equal five support the conclusion of Lewbel and Pendakur(2009), and the applicability of the model with or without interaction terms. Heterogeneity demographic characteristics and price effect Chinese household consumer demand system in urban area. From 1995 to 2007, the ratio of food and transportation-communication in total expenditure decrease ,and other expenditure ratio increase.

Keywords: Engel curves; The EASI Demand System; Chinese Household (search for similar items in EconPapers)
JEL-codes: D11 D12 (search for similar items in EconPapers)
Date: 2013-07-18
New Economics Papers: this item is included in nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/48435/1/MPRA_paper_48435.pdf original version (application/pdf)

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:pra:mprapa:48435

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().