Estimating Demand Elasticities for Public Goods from Survey Data.
This article estimates demand elasticities for public goods. The model uses expressed preferences made by consumers in different tax price and income situations in a given polity. A taste variable is included in the model, and the heretofore speculative significance of taste differences in demand fu...
| Published in: | American Economic Review Vol. 70; no. 5; pp. 1069 - 1077 |
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| Format: | Article |
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American Economic Association
Dec80
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| Summary: | This article estimates demand elasticities for public goods. The model uses expressed preferences made by consumers in different tax price and income situations in a given polity. A taste variable is included in the model, and the heretofore speculative significance of taste differences in demand functions for public goods is evaluated. Problems of observing individual preferences for public goods are solved by imposing restrictive assumptions on a survey research design. |
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