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Measuring Income Responses: A Log-Quadratic Demand Model for Consumers in India

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  • Majumder, Amita

Abstract

This paper attempts to capture the non-linearity of income responses of fairly disaggregated item groups with the help of a quadratic system of demand equations, introduced herein. Empirical performances of the quadratic system and some other models have been examined using Indian consumer expenditure data.

Suggested Citation

  • Majumder, Amita, 1992. "Measuring Income Responses: A Log-Quadratic Demand Model for Consumers in India," Empirical Economics, Springer, vol. 17(2), pages 315-321.
  • Handle: RePEc:spr:empeco:v:17:y:1992:i:2:p:315-21
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