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Private and Public Consumption Expenditure Substitutability : Bayesian Estimates for the G7 Countries

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Author Info
Martin, G.M.
Martin, V.L.

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Abstract

The 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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Publisher Info
Paper provided by Monash University, Department of Econometrics and Business Statistics in its series Monash Econometrics and Business Statistics Working Papers with number 4/97.

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Length: 25 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:msh:ebswps:1997-4

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Related research
Keywords: STATISTICS ; HOUSEHOLD ; CONSUMPTION;

Find related papers by JEL classification:
C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Bayesian Analysis
C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions
H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household

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This page was last updated on 2009-11-18.

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