کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7370535 1479531 2013 17 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Beyond Engel's law - A cross-country analysis
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Beyond Engel's law - A cross-country analysis
چکیده انگلیسی
Engel's law is known to be extraordinarily consistent across time and space. To substantiate the distinction between necessities and luxuries, already Ernst Engel (1895) approached a behaviorally founded comprehensive assessment of structural changes in consumer expenditures. To build upon Engel's legacy and to complement the scarce empirical literature, a behavioral approach is applied. It is conjectured that differences in satiation patterns of universally-shared needs translate, on the aggregate level, into different shapes of Engel curves and thus also into different income elasticities of demand. Utilizing nonparametric regression techniques, it is explored whether and which expenditure categories change systematically with rising income. In line with the theoretical expectations, a number of empirical regularities in consumer expenditure patterns can be identified that go well beyond Engel's law.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The Journal of Socio-Economics - Volume 47, December 2013, Pages 118-134
نویسندگان
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