A new set of consumer demand estimates for Ireland
|Title:||A new set of consumer demand estimates for Ireland||Authors:||Madden, David (David Patrick)||Permanent link:||http://hdl.handle.net/10197/1684||Date:||Aug-1992||Abstract:||This paper provides a new set of consumer demand estimates for Ireland, incorporating a variety of different consumer demand models. Own-price and expenditure elasticities are presented and tests of the propositions implied by utility-maximisation are carried out, including the use of small-sample corrections. The results obtained show reasonable agreement across the different deterministic models but stochastic specification appears to be of crucial importance both for plausibility of estimates obtained and for rejection or non-rejection implied by utility-maximisation.||Funding Details:||Foundation for Fiscal Studies||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Series/Report no.:||UCD Centre for Economic Research Working Paper Series; WP92/13||Subject LCSH:||Consumption (Economics)--Ireland||Language:||en||Status of Item:||Not peer reviewed||metadata.dc.date.available:||2009-12-03T15:16:44Z|
|Appears in Collections:||Geary Institute Research Collection|
Economics Working Papers & Policy Papers
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