THE ALLOCATION OF CONSUMER EXPENDITURES IN A SWEDISH MACROECONOMIC MODEL.
The paper presents and estimates demand functions for components of consumer expenditures in Sweden, based on quarterly data for 1963–72. The model employed, while simple, possesses some attractive features. Income elasticities may be different from unity and complementary as well as substitutionary...
| Publicado en: | European Economic Review Vol. 8; no. 4; pp. 371 - 397 |
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| Formato: | Artículo |
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Elsevier B.V.
Dec76
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=4973999&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 4973999 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00142921 EER jtl: European Economic Review issn: 00142921 maglogo: N pubinfo: dt: Dec76 vid: 8 iid: 4 pid: 1004 pub: Elsevier B.V. artinfo: ui: 4973999 10.1016/0014-2921(76)90050-7 ppf: 371 ppct: 26 formats: tig: atl: THE ALLOCATION OF CONSUMER EXPENDITURES IN A SWEDISH MACROECONOMIC MODEL. aug: au: Lybeck, Johan A. affil: Stockholm School of Economics, Stockholm, Sweden su: Consumption (Economics) Consumer behavior Supply & demand Public spending Economics Elasticity (Economics) Demand function Sweden sug: subj: Sweden Consumption (Economics) Consumer behavior Supply & demand Public spending Economics Elasticity (Economics) Demand function ab: The paper presents and estimates demand functions for components of consumer expenditures in Sweden, based on quarterly data for 1963–72. The model employed, while simple, possesses some attractive features. Income elasticities may be different from unity and complementary as well as substitutionary cross price effects are allowed. Aggregation restrictions hold at all points in time. Additional restrictions such as symmetry and zeroes are added. Results for Sweden from the model are compared to earlier findings by Dahlman and Klevmarken, Goldberger and Gamaletsos, Lluch and Powell, and Parks, who have tested double-logarithmic forms, the Linear Expenditure System, and the Rotterdam model. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1976 holdings: @attributes: islocal: N |
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