Private and Public Consumption Expenditure Substitutability : Bayesian Estimates for the G7 Countries
AbstractThe degree of substitution between private and public per capita consumption for the G7 countries is estimated over the period 1960 to 1996. Special attention is given to isolating both long-run and short-run substitution effects.
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Bibliographic InfoPaper provided by Monash University, Department of Econometrics and Business Statistics in its series Monash Econometrics and Business Statistics Working Papers with number 4/97.
Length: 25 pages
Date of creation: 1997
Date of revision:
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Postal: PO Box 11E, Monash University, Victoria 3800, Australia
Web page: http://www.buseco.monash.edu.au/depts/ebs/
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