Recent Developments In Applied Demand Analysis
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Recent Developments In Applied Demand Analysis
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Author : E.A. Selvanathan
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Recent Developments In Applied Demand Analysis written by E.A. Selvanathan and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Second, the pattern of consumption contains a wealth of useful information regarding economic welfare and living standards. Closely allied to this is that as consumption (both current and future) is the ultimate objective of all economic activity and economic systems (mercantilists notwithstanding), in a fundamental sense consumption patterns are an objective way of measuring and assessing economic performance. Finally, an understanding of the price-responsiveness of consumption is of crucial importance for a host of microeconomic policy issues including public-utility pricing, the measurement of distortions, optimal taxation and the treatment of externalities. The analysis of consumer demand is one of the major successes of economics as it represents the near perfect marriage of theory and econometrics, a situation almost unparalleled in any other field of economics. This field has attracted a lot of attention since the introduction of the linear expenditure system and its application to British data by Stone (1954), followed by the differential demand system of Barten (1964) and Theil (1965, 1975176, 1980) and developments thereafter.
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.
The Economics Of The East Asia Steel Industries
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Author : Yanrui Wu
language : en
Publisher: Routledge
Release Date : 2019-06-04
The Economics Of The East Asia Steel Industries written by Yanrui Wu and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-04 with Business & Economics categories.
First published in 1998, the objective of this book is to provide a detailed examination of steel production, consumption and trade in East Asia. Specifically, it addresses steel trade and investment environment in East Asia and forecasts steel price movement in the future. In addition, a major focus in this book is the investigation of the metals industry in China, Asia's emerging steel giant. Finally, one chapter of the book also documents the resource sector in Western Australia, one of the world's major sources of iron ore. Rapid economic growth over the past decade has significantly changed the gravity of Asia in the world economy. This trend has particularly been strengthened by the awakening giant, China, whose economy has been growing continuously at a two-digital rate since the late 1970's. Asian countries together have now consumed as much as steel as the developed economies. As a result, Asia as a region has become the key to the expansion of the global steel industry in the future.
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.
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.
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 (1960-1996) and econometric methodology for a number of broadly aggregated consumer goods. The income elasticity estimates for the 50 or so countries and 10 commodity groups are tabulated. The reliability of these elasticity estimates, and also the demand theory hypotheses, are investigated using simulation techniques.
Modern Microeconomics
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Author : A. Koutsoyiannis
language : en
Publisher: Springer
Release Date : 1975-11-01
Modern Microeconomics written by A. Koutsoyiannis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975-11-01 with Business & Economics categories.
Recent Developments In Bridge Engineering
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Author : K.M. Mahmoud
language : en
Publisher: CRC Press
Release Date : 2003-01-01
Recent Developments In Bridge Engineering written by K.M. Mahmoud and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-01-01 with Technology & Engineering categories.
This book contains a selected number of papers that were presented at the Second New York City Bridge Conference organized by the Bridge Engineering Association. It represents the state-of-the-art papers from different countries on a wide spectrum of topics in bridge engineering.
The Advanced Econometrics Of Tourism Demand
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Author : Haiyan Song
language : en
Publisher: Routledge
Release Date : 2008-12-09
The Advanced Econometrics Of Tourism Demand written by Haiyan Song and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-09 with Business & Economics categories.
Tourism demand is the foundation on which all tourism-related business decisions ultimately rest. This book introduces students, researchers and practitioners to the modern developments in advanced econometric methodology within the context of tourism demand analysis and illustrates these developments with actual tourism applications.
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.