Households Consumption Patterns and Equivalence Scales in Italy: 1997-2004

Fabrizio Balli () and Silvia Tiezzi

Department of Economics University of Siena from Department of Economics, University of Siena

Abstract: We use a sample of 43,700 observations on Italian households’ current expenditures to investigate consumption patterns from 1997 to 2004, a time period which encompasses the introduction of the Euro. Compensated and uncompensated price elasticities and expenditure elasticities for ten goods and heterogeneous households are obtained from the estimated parameters of a complete Censored non linear Almost Ideal Demand System (CAIDS) with demographic shifters. To tackle the problem of corner solutions for some goods we adopt the Two Step estimator proposed by Shonkweiler and Yen (1999). Parametric equivalence scales for the investigation period 1997-2004 are also computed for households with different demographic composition and different geographical location.

Keywords: Equivalence Scales; Demand Analysis; Censoring (search for similar items in EconPapers)
JEL-codes: D11 D12 (search for similar items in EconPapers)
Date: 2008-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repec.deps.unisi.it/quaderni/535.pdf (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:usi:wpaper:535

Access Statistics for this paper

More papers in Department of Economics University of Siena from Department of Economics, University of Siena Contact information at EDIRC.
Bibliographic data for series maintained by Fabrizio Becatti ().