DEMAND FUNCTIONS: AN APPLICATION TO THE JAPANESE EXPENDITURE PATTERN.

The first section of this paper deals with the properties any demand system should have if it is derived from any utility function. We find that the utility function under consideration could not be homogeneous if we impose the condition that the income elasticity is not one for all commodities. We...

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Publicado en:	Econometrica Vol. 37; no. 2; pp. 257 - 275
Autor principal:	Yoshihara, Kunio
Formato:	Artículo
Publicado:	Wiley-Blackwell Apr69
Materias:	Demand function Utility functions Mathematical models of economics Economic demand Elasticity (Economics) Income Econometrics Economics Mathematical economics
Acceso en línea:	Ver este registro en EBSCOhost