A new set of consumer demand estimates for Ireland

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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Status of Item: Not peer reviewed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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