IDEAS home Printed from https://ideas.repec.org/a/eut/journl/v11y2006i2p51.html
   My bibliography  Save this article

Estimating an ECM-AIDS model for Urban-Area’s household expenditure: Case of Iran

Author

Listed:
  • Davood Zahedi

    (M.A in Economics)

Abstract

This paper represents static and dynamic specifications of the Almost Ideal Demand System (AIDS) based on cointegration techniques and error correction models. Based on Iranian urban-area’s household expenditure data over the period 1984-2004, it was found that the proposed formulation for dynamic specification performs well on both theoretical and statistical grounds, as the theoretical properties of homogeneity and symmetry are supported by the data. Moreover, with computing short- run and long-run elasticities, it was found that Food, Clothing and Housing are complement to each other, regardless of time horizon.

Suggested Citation

  • Davood Zahedi, 2006. "Estimating an ECM-AIDS model for Urban-Area’s household expenditure: Case of Iran," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 11(2), pages 51-62, spring.
  • Handle: RePEc:eut:journl:v:11:y:2006:i:2:p:51
    as

    Download full text from publisher

    File URL: ftp://80.66.179.253/eut/journl/20062-4.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eut:journl:v:11:y:2006:i:2:p:51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: [z.rahimalipour] (email available below). General contact details of provider: https://edirc.repec.org/data/fecutir.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.