Article ID Journal Published Year Pages File Type
5060444 Economics Letters 2011 4 Pages PDF
Abstract
► We study the effect of a preference shift between consumption goods. ► We consider a two-sector model with generalized preference structure. ► We find the conditions for changes of sectoral variables in the same direction. ► Different elast. of substitution among goods and between consumption and leisure.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Preference shifts between consumption goods and sectoral changes
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