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A complete system of Engel curves in the Spanish economy

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  • P. Beneito

Abstract

The main goal of this article is the estimation of the consumption-income relationship along with socio-economic factors using cross section data from the Spanish Household Expenditure Survey 1991. The data has been grouped according to exogenous criteria to avoid the problem of null expenditure. First, a non-linear system of equation is estimated, from which the linear form that best fits the used data is tested. Finally, income elasticities are calculated considering three alternative formulations depending on how an initial income increment is distributed among consumers. Income elasticities are shown for the whole income distribution

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 35 (2003)
Issue (Month): 7 ()
Pages: 803-816

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Handle: RePEc:taf:applec:v:35:y:2003:i:7:p:803-816

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Cited by:
  1. Tomas Lichard & Jan Hanousek & Randall K. Filer, 2013. "Measuring the Shadow Economy: Endogenous Switching Regression with Unobserved Separation," CERGE-EI Working Papers wp494, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
  2. Shiyuan Chen & Sally Wallace, 2009. "Food Consumption in Jamaica: A Household and Social Behavior," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0901, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.

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