The study estimates Engel curves using cross-section data from the 2003 US consumer expenditure survey (CES). We focus on finding adequate specification for modeling the demographic characteristics using parametric, nonparametric, and semiparametric techniques. The empirical results indicate parametric Working-Leser or Piglog specification was sufficient for most budget shares except for transportation where semiparametric specification had support.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2006 Annual meeting, July 23-26, Long Beach, CA with number
21092.
Length: Date of creation: 2006 Date of revision: Handle: RePEc:ags:aaea06:21092
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