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On the Consumer Behavior in Urban Colombia: The Case of Bogotá

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  • Jorge Barrientos Marín

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Abstract

In this paper we are interested in estimating semiparametric Engel curves for different categoriesof goods using data drawn from the 1997 Family Expenditure Survey (ECV1997). Most of the papersabout consumer behavior include food and clothing shares in the analysis. Since people in developingcountries spend a great deal of time going to work, through their use of public transportation, then it is interesting to take this into account in this study. Due to joint determination of expenditure shares and total xpenditure, we adjust for any possible endogeneity,which is a familiar problem in demand analysis.So, not only estimation but also adaptive testing is provided by non-parametric procedures. Our estimations produce quadratic food and transportation Engel curves, which is an interesting result.

Suggested Citation

  • Jorge Barrientos Marín, 2009. "On the Consumer Behavior in Urban Colombia: The Case of Bogotá," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE, vol. 27(59), pages 83-99, June.
  • Handle: RePEc:col:000107:006896
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    References listed on IDEAS

    as
    1. Sonia Bhalotra & Cliff Attfield, 1998. "Intrahousehold resource allocation in rural Pakistan: a semiparametric analysis," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 13(5), pages 463-480.
    2. Francisco Javier LASSO VALDERRAMA, 2002. "Economías de escala en los hogares y pobreza," ARCHIVOS DE ECONOMÍA 002399, DEPARTAMENTO NACIONAL DE PLANEACIÓN.
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    Cited by:

    1. Laura Atuesta & Dusan Paredes, 2011. "A Spatial cost of living index for Colombia using a microeconomic approach and censored data," Documentos de Trabajo en Economia y Ciencia Regional 14, Universidad Catolica del Norte, Chile, Department of Economics, revised May 2011.
    2. Jorge Barrientos & David Tobón & John Fredy Bedoya, 2010. "Three-Part Tariffs and Short-Run Rationality in the Local Fixed Telephone Consumption: Empirical Evidence from Medellín 2," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE, February.
    3. Darwin Cortes & Jorge Perez, 2010. "El Consumo de los Hogares Colombianos, 2006-2007: Estimación de Sistemas de Demanda," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE, December.
    4. Atuesta, Laura & Paredes, Araya, 2011. "A Spatial Cost of Living Index for Colombia using a Microeconomic Approach and Censored Data," MPRA Paper 30580, University Library of Munich, Germany.
    5. Rodrigo García Arancibia, 2013. "Curvas de Engel de alimentos fuera del hogar según circunstancia de consumo. el caso de Argentina," REVISTA CUADERNOS DE ECONOMÍA, UN - RCE - CID, May.

    More about this item

    Keywords

    Engel curve; expenditure share; semiparametric model; endogeneity; instrumental variable; bootstrap.;

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D1 - Microeconomics - - Household Behavior

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