Engel’s Law Reconsidered

Manisha Chakrabarty and Werner Hildenbrand

No 22/2009, Bonn Econ Discussion Papers from University of Bonn, Bonn Graduate School of Economics (BGSE)

Abstract: Engel's verbal formulation of his Law expresses a "negativ stochastic association" of the bivariate distribution of income and food share across the population. Among the many different definitions of association four are chosen: Kendall's tau, negative quadrant dependence, stochastically decreasing conditional food share distribution functions, and decreasing regression. To link Engel's Law with individual behavior a decreasing regression is not sufficient, the stronger notion of associations are needed. This motivates the empirical analysis of section 4. It is shown that the above notions of associations are well supported by empirical evidence.

Keywords: Engel's Law; non- parametric regression; Kendall's tau; stochastic dominance (search for similar items in EconPapers)
JEL-codes: B10 B21 B23 (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/37042/1/614620074.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:zbw:bonedp:222009

Access Statistics for this paper

More papers in Bonn Econ Discussion Papers from University of Bonn, Bonn Graduate School of Economics (BGSE) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().