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Income Elasticity and Economic Development: Methods and Applications is mainly concerned with methods of estimating income elasticity. This field is connected with economic development that can be achieved by reducing income inequality. This is highly relevant in today's world, where the gap between rich and poor is widening with the growth of economic development. Income Elasticity and Economic Development: Methods and Applications provides a good example in showing how to calculate income elasticity, using a number of methods from widely available grouped data. Some of the techniques presented here can be used in a wide range of policy areas in all developed, developing and under-developed countries. Policy analysts, economists, business analysts and market researchers will find this book very useful.




Income Elasticity and Economic Development: Methods and Applications is mainly concerned with methods of estimating income elasticity. This field is connected with economic development that can be achieved by reducing income inequality. This is highly relevant in today's world, where the gap between rich and poor is widening with the growth of economic development. Income Elasticity and Economic Development: Methods and Applications provides a good example in showing how to calculate income elasticity, using a number of methods from widely available grouped data. Some of the techniques presented here can be used in a wide range of policy areas in all developed, developing and under-developed countries. Policy analysts, economists, business analysts and market researchers will find this book very useful.




Income Elasticity and Economic Development: Methods and Applications is mainly concerned with methods of estimating income elasticity. This field is connected with economic development that can be achieved by reducing income inequality. This is highly relevant in today's world, where the gap between rich and poor is widening with the growth of economic development. Income Elasticity and Economic Development: Methods and Applications provides a good example in showing how to calculate income elasticity, using a number of methods from widely available grouped data. Some of the techniques presented here can be used in a wide range of policy areas in all developed, developing and under-developed countries. Policy analysts, economists, business analysts and market researchers will find this book very useful.


Content:
Front Matter....Pages i-xvii
Introduction....Pages 1-14
Australian Household Expenditure Surveys....Pages 15-29
Functional Forms for Engel Curves....Pages 31-47
Problems in Non-Linear Engel Functions....Pages 49-64
The Box-Cox Engel Function....Pages 65-78
A Review of Personal Income Distribution....Pages 79-91
Elasticity from Concentration Curves....Pages 93-110
Estimating Increase in Consumer Demand....Pages 111-123
Food Demand Analysis in Australia....Pages 125-155
Demand for Transport and Communication....Pages 157-172
Demand for Alcohol in Australia....Pages 173-188
Consumers’ Equivalence Scales: A Review....Pages 189-219
Conclusions....Pages 221-225
Back Matter....Pages 227-259


Income Elasticity and Economic Development: Methods and Applications is mainly concerned with methods of estimating income elasticity. This field is connected with economic development that can be achieved by reducing income inequality. This is highly relevant in today's world, where the gap between rich and poor is widening with the growth of economic development. Income Elasticity and Economic Development: Methods and Applications provides a good example in showing how to calculate income elasticity, using a number of methods from widely available grouped data. Some of the techniques presented here can be used in a wide range of policy areas in all developed, developing and under-developed countries. Policy analysts, economists, business analysts and market researchers will find this book very useful.


Content:
Front Matter....Pages i-xvii
Introduction....Pages 1-14
Australian Household Expenditure Surveys....Pages 15-29
Functional Forms for Engel Curves....Pages 31-47
Problems in Non-Linear Engel Functions....Pages 49-64
The Box-Cox Engel Function....Pages 65-78
A Review of Personal Income Distribution....Pages 79-91
Elasticity from Concentration Curves....Pages 93-110
Estimating Increase in Consumer Demand....Pages 111-123
Food Demand Analysis in Australia....Pages 125-155
Demand for Transport and Communication....Pages 157-172
Demand for Alcohol in Australia....Pages 173-188
Consumers’ Equivalence Scales: A Review....Pages 189-219
Conclusions....Pages 221-225
Back Matter....Pages 227-259
....
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