INTERNATIONAL CONSUMPTION COMPARISONS
OECD Versus LDC| By: | Selvanathan Saroja; Selvanathan E Anthony |
| Publisher: | World Scientific Publishing |
| Print ISBN: | 9789810240059 |
| eText ISBN: | 9789812795656 |
| Edition: | 0 |
| Format: | Page Fidelity |
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Table of Contents
This book presents an analysis of consumption patterns in the OECD (rich) and LDC (poor) countries using recent data (1950-1998) 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.