International Consumption Comparisons: Oecd Versus Ldc

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    International Consumption Comparisons: Oecd Versus Ldc
    By: Selvanathan Saroja
    Publisher:
    World Scientific
    Print ISBN: 9789810240059, 9810240058
    eText ISBN: 9789812795656, 9812795650
    Format: PDF
    Available from $ 272.00 USD
    SKU 9789812795656
    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.
     

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