Income distribution and aggregation/disaggregation biases in the measurement of consumer demand elasticities

Authors
Denton, FT Mountain, DC
Citation
Ft. Denton et Dc. Mountain, Income distribution and aggregation/disaggregation biases in the measurement of consumer demand elasticities, ECON LETT, 73(1), 2001, pp. 21-28
Citations number
8
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
73
Issue
1
Year of publication
2001
Pages
21 - 28
Database
ISI
SICI code
0165-1765(200110)73:1<21:IDAABI>2.0.ZU;2-K
Abstract
We investigate the issue of aggregation and disaggregation biases in demand elasticities. Drawing on income distribution data for seven countries we c alculate the likely range of differences between elasticities evaluated at average income and corresponding aggregate average elasticities. (C) 2001 E lsevier Science B.V. All rights reserved.