Estimates from a Consumer Demand System - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Estimates from a Consumer Demand System write by . This book was released on 2000. Estimates from a Consumer Demand System available in PDF, EPUB and Kindle. Abstract: Most studies suggest that environmental taxes are regressive, and thus are unattractive policy options. We consider the distributional effects of a gasoline tax increase using three welfare measures and under three scenarios for gas tax revenue use. To incorporate behavioral responses we use Consumer Expenditure Survey data to estimate a consumer demand system that includes gasoline, other goods, and leisure. We find that the gas tax is regressive, but that returning the revenue through a lump-sum transfer more than offsets this, yielding a net increase in progressivity. We also find that ignoring behavioral changes in distributional calculations overstates both the overall burden of the tax and its regressivity.
Demand Systems Estimation
Demand Systems Estimation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Demand Systems Estimation write by Stanley R. Johnson. This book was released on 1984. Demand Systems Estimation available in PDF, EPUB and Kindle.
Demand System Specification and Estimation
Demand System Specification and Estimation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Demand System Specification and Estimation write by . This book was released on 1992. Demand System Specification and Estimation available in PDF, EPUB and Kindle. This study of demand analysis links economic theory to empirical analysis. It demonstrates how theory can be used to specify equation systems suitable for empirical analysis, and discusses demand systems estimation using both per capita time series and household budget data.
Consumer Demand in the United States
Consumer Demand in the United States - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Consumer Demand in the United States write by Lester D. Taylor. This book was released on 2009-11-25. Consumer Demand in the United States available in PDF, EPUB and Kindle. A classic treatise that defined the field of applied demand analysis, Consumer Demand in the United States: Prices, Income, and Consumption Behavior is now fully updated and expanded for a new generation. Consumption expenditures by households in the United States account for about 70% of America’s GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in price and income. Econometric estimates of price and income elasticities are obtained for an exhaustive array of goods and services using data from surveys conducted by the Bureau of Labor Statistics and aggregate consumption expenditures from the National Income and Product Accounts, providing a better understanding of consumer demand. Practical models for forecasting future price and income elasticities are also demonstrated. Fully revised with over a dozen new chapters and appendices, the book revisits the original Houthakker-Taylor models while examining new material as well, such as the use of quantile regression and the stationarity of consumer preference. It also explores the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory with psychology literature. The most comprehensive treatment of the topic to date, this volume will be an essential resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as investors and policymakers concerned with the impact of economic fluctuations.
Estimation of an Almost Ideal Demand System for U.S. Food with Household and Aggregate Data
Estimation of an Almost Ideal Demand System for U.S. Food with Household and Aggregate Data - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Estimation of an Almost Ideal Demand System for U.S. Food with Household and Aggregate Data write by Cesar Falconi. This book was released on 1991. Estimation of an Almost Ideal Demand System for U.S. Food with Household and Aggregate Data available in PDF, EPUB and Kindle.
