International Consumption Comparisons Oecd Versus Ldc
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International Consumption Comparisons
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Author : E. Antony Selvanathan
language : en
Publisher: World Scientific
Release Date : 2003
International Consumption Comparisons written by E. Antony Selvanathan and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
This book presents an analysis of consumption patterns in the OECD (rich) and LDC (poor) countries using recent data (1950OCo1998) and econometric methodology for a number of broadly aggregated consumer goods. The income elasticity estimates for the 46 countries and 9 commodity groups are tabulated. The reliability of these elasticity estimates, and also the demand theory hypotheses, are investigated using simulation techniques. Contents: An Overview of International Consumption Patterns (E A Selvanathan & S Selvanathan); Consumer Demand Models (E A Selvanathan & S Selvanathan); Data Analysis: OECD Countries (E A Selvanathan & S Selvanathan); Data Analysis: Less Developed Countries (E A Selvanathan & S Selvanathan); A Comparison of Consumption Patterns in the OECD and LD Countries (E A Selvanathan & S Selvanathan); Stochastic Price and Quantity Index Numbers (E A Selvanathan & S Selvanathan); Testing Demand Theory Hypotheses: OECD and LD Countries (E A Selvanathan & S Selvanathan); A Comparison of Alternative Demand Systems (E A Selvanathan & S Selvanathan); The Structure of Preferences: OECD and LD Countries (E A Selvanathan & S Selvanathan). Readership: Economists."
Economic Development And Consumption Patterns In Asian Countries
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Author : Shashika D. Rathnayaka
language : en
Publisher: Springer Nature
Release Date : 2024-07-05
Economic Development And Consumption Patterns In Asian Countries written by Shashika D. Rathnayaka and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-05 with Business & Economics categories.
This book analyzes consumption patterns in Asian countries that are at different stages of economic development and highlights the similarities and disparities of consumption patterns across countries using a system-wide framework. In a departure from previous studies in the literature which mainly present only single-country analysis, this book aims to provide a comprehensive analysis of cross-country consumption patterns considering several Asian countries, using the most recent consumption expenditure data for aggregate commodity groups. In comparing consumption patterns across countries, the book use unit-free measurements such as budget shares and changes in logarithms of price and quantities, thus avoiding problems associated with exchange rate conversions. The book also analyses the dynamic behaviour in the consumption patterns of the Asian consumers. The findings of this book will be invaluable to researchers in development economics as well as policymakers in the formulation of fiscal policy or other types of economic control.
Currencies Commodities And Consumption
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Author : Kenneth W. Clements
language : en
Publisher: Cambridge University Press
Release Date : 2013-01-31
Currencies Commodities And Consumption written by Kenneth W. Clements and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-31 with Business & Economics categories.
Currency values, prices, consumption and incomes are at the heart of the economic performance of all countries. In order to make a meaningful comparison between one economy and another, economists routinely make use of purchasing power parity (PPP) exchange rates, but while PPP rates are widely used and well understood, they take a lot of effort to produce and suffer from publication delays. Currencies, Commodities and Consumption analyses the strengths and weaknesses of two alternatives to PPP. Firstly, the so-called Big Mac Index, which uses hamburger prices as a standard of measurement, and second, a less well known technique which infers incomes across countries based on the proportion of consumption devoted to food. Kenneth W. Clements uses international macroeconomics, microeconomic theory and econometrics to provide researchers and policy makers with insights into alternatives to PPP rates and make sense of the ongoing instability of exchange rates and commodity prices.
Economics And Marijuana
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Author : Kenneth W. Clements
language : en
Publisher: Cambridge University Press
Release Date : 2009-11-05
Economics And Marijuana written by Kenneth W. Clements and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-05 with Business & Economics categories.
A fascinating analysis of a widely used, but little understood illicit drug.
World Consumption Economics
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Author : Dongling Chen
language : en
Publisher: World Scientific
Release Date : 1999-12-13
World Consumption Economics written by Dongling Chen and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-12-13 with Business & Economics categories.
This book extends research in consumption economics by identifying similarities and differences in consumption patterns in a large number of countries, both developed and less developed. Its approach is to carefully analyze a large body of data from a highly diverse group of countries to determine the extent to which a simple economic framework can be used to understand and explain consumer behavior. It uses data from more than 40 countries which range from the most affluent to the poorest in the world. The book pays particular attention to the consumption of food and to new simulation techniques applied to systems of demand equations.
Short Cut Demand Elasticities And Other Convenient Approaches To Consumer Demand
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Author : Kenneth W. Clements
language : en
Publisher: Springer Nature
Release Date : 2025-07-14
Short Cut Demand Elasticities And Other Convenient Approaches To Consumer Demand written by Kenneth W. Clements and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-07-14 with Business & Economics categories.
This book provides answers to analysts’ need to know about elasticities of demand, with a unique two-track approach. The first gives a self-contained, non-technical rendition, accessible to those with limited background. The second track contains the underlying theory, derivations, and some more advanced material. Subsequent chapters deal with the demand for food and other groups of goods, the system-wide approach, and the demand side of EDM and CGE models. This convenient source book will be valuable to students, consultants, business economists and government policy analysts. Clarity of exposition and economic intuition is emphasised throughout. “In this remarkable book, the authors bridge the gap between sophisticated consumer demand theory and the practical world of economic modeling. Their guidance will be invaluable to anyone aiming to shed light on the economic impact of public policies.” Thomas W. Hertel, Distinguished Professor and Executive Director, Center for Global Trade Analysis, Purdue University “The elasticity of demand is a key parameter in economics - whether for micro studies or large-scale models. This book illuminates on short-cut approaches for measuring this elasticity and provides derivations and applications. It is a valuable resource for both students and seasoned economists.” Paul Burke, Professor and Head, Arndt-Corden Department of Economics and Deputy Director, Crawford School of Public Policy, ANU College of Law, Governance and Policy, Australian National University “This book endears itself to me with its honest approach to determining elasticities for use in policy analysis. In Chapter 1, it tells us about the rule of one half: if you can’t do any better, set own price elasticities for household demands for broadly defined commodities at -0.5. Then through ten chapters, Ken Clements and his co-authors demonstrate that you can do better by combining economic theory with relatively straightforward econometrics. The book deserves wide readership among applied economic modellers who want to take their field forward by supplementing judgement with statistical evidence.” Peter Dixon, AO, Professor, Centre of Policy Studies, Victoria University
The Demand For Alcohol Tobacco And Marijuana
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Author : Saroja Selvanathan
language : en
Publisher: Routledge
Release Date : 2017-11-30
The Demand For Alcohol Tobacco And Marijuana written by Saroja Selvanathan and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-30 with Business & Economics categories.
This book is the first to present an extensive analysis of the international evidence for the similarities of the consumption patterns of such controversial commodities as alcohol, tobacco and marijuana, using recent data from a number of developed and less developed countries over a number of years. The book also presents analysis of the consumption patterns of food in general and soft drinks in particular. In addition the book provides a detailed analysis of the consumption restrictions and regulations in place in various countries in relation to issues associated with taxation, availability, and marketing of these products. The book's focus is on rigorous empirical analysis and presents the estimates of demand elasticities of these five commodities across different countries. Such estimates are key inputs for government economic models that are used for the purpose of social policy analysis. Furthermore, the book presents hypothesis testing results on various demand theory hypotheses such as demand homogeneity and Slutsky symmetry.
Household Demand For Consumer Goods In Developing Countries
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Author : Eliyathamby A. Selvanathan
language : en
Publisher: Taylor & Francis
Release Date : 2022-11-04
Household Demand For Consumer Goods In Developing Countries written by Eliyathamby A. Selvanathan and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-04 with Business & Economics categories.
This book analyses the household demand for consumer goods using a diverse database, consisting of 45 developed and developing countries. Household consumption patterns have undergone dramatic changes due to rapid economic growth, increasing household income and changing demographics. Using the most recent data available and the latest econometric techniques, the authors model demand for 12 different commodities such as food, alcohol and tobacco, housing, health, transport, health communication, and recreation and provide insightful comparisons of consumption patterns in developed and developing countries. The analysis presented in this book highlights valuable policy insights for planning government budgetary allocations and implementing policies towards an enhanced standard of living for people. The book also provides some important guidance for researchers interested in the theory and empirical application of the analysis of consumer demand.
Some Perspectives On Oil Availability For The Non Opec Ldcs
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Author : United States. Central Intelligence Agency
language : en
Publisher:
Release Date : 1980
Some Perspectives On Oil Availability For The Non Opec Ldcs written by United States. Central Intelligence Agency and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Developing countries categories.
The Demand For Oil Products In Developing Countries
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Author : Dermot Gately
language : en
Publisher: World Bank Publications
Release Date : 1997-01-01
The Demand For Oil Products In Developing Countries written by Dermot Gately and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-01-01 with Business & Economics categories.
World Bank Discussion Paper No. 354. Promoting a high savings rate is high on the World Bank's agenda for promoting national income growth. This study surveys broad saving trends worldwide, summarizes current knowledge about savings and consumption, identifies main unresolved issues, and outlines the major policy questions to be researched. The paper include case studies from Sub-Saharan Africa, China, Colombia, India, Mexico, and Pakistan.