A new set of consumer demand estimates for Ireland

Files in This Item:
File Description SizeFormat 
wp92_13.pdf1.04 MBAdobe PDFDownload
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
Subject LCSH: Consumption (Economics)--Ireland
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers
Geary Institute Research Collection

Show full item record

Page view(s) 20

140
checked on May 25, 2018

Download(s) 50

48
checked on May 25, 2018

Google ScholarTM

Check


This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.