Modelling demand systems with demographic effects based on the modifying function approach

Authors
Chung, CF
Citation
Cf. Chung, Modelling demand systems with demographic effects based on the modifying function approach, ECON LETT, 73(3), 2001, pp. 269-274
Citations number
10
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
73
Issue
3
Year of publication
2001
Pages
269 - 274
Database
ISI
SICI code
0165-1765(200112)73:3<269:MDSWDE>2.0.ZU;2-X
Abstract
We follow [Review of Economic Studies 52 (1985) 1] approach to modify the s tandard consumer demand theory so that socio-demographic variables can be f ormally incorporated into the demand systems. Our modified theory not only includes all previous approaches to this problem as special cases but also allows the useful interpretations of household production and subsistence e xpenditure. (C) 2001 Elsevier Science BY All rights reserved.