IDEAS home Printed from https://ideas.repec.org/a/pid/journl/v27y1988i2p89-107.html

Estimates of Consumer Price Response in Pakistan using Market Prices as Data

Author

Listed:
  • HAROLD ALDERMAN

    (International Food Policy Research Institute, Washington,D.C.,)

Abstract

The main emphasis of the paper is to illustrate a methodology that can be readily applied to future data analysis. The resultspresentedhere indicatethat plausible and detailed estimates of consumer response to price changes can be obtained using household expenditure surveysand published price series in a manner that does not require the assumptions of additive preferences. It is noted that a flXed-effects. approach which sweeps out spatial long-run price differences can be employed as a replicatedtime seriesevenover a limitedperiod of four quarters.

Suggested Citation

  • Harold Alderman, 1988. "Estimates of Consumer Price Response in Pakistan using Market Prices as Data," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 27(2), pages 89-107.
    • Handle: RePEc:pid:journl:v:27:y:1988:i:2:p:89-107
    as

    Download full text from publisher

    File URL: http://www.pide.org.pk/pdf/PDR/1988/Volume2/89-107.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ray, Ranjan, 1982. "The testing and estimation of complete demand systems on household budget surveys," European Economic Review, Elsevier, vol. 17(3), pages 349-369.
    2. Timmer, C. Peter, 1974. "A Model of Rice Marketing Margins in Indonesia," Food Research Institute Studies, Stanford University, Food Research Institute, vol. 13(2), pages 1-24.
    3. Jerry Hausman, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
    4. Blundell, Richard & Ray, Ranjan, 1984. "Testing for Linear Engel Curves and Additively Separable Preferences Using a New Flexible Demand System," Economic Journal, Royal Economic Society, vol. 94(376), pages 800-811, December.
    5. Deaton, A. S., 1975. "The measurement of income and price elasticities," European Economic Review, Elsevier, vol. 6(3), pages 261-273, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. AHMED, Eatzat & JALIL, Abdul & IDREES, Muhammad, 2013. "Almost Ideal Demand System And Uniform Taxation In Pakistan: Econometric Evidences For Consumer Goods In Pakistan, 1984-2008," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 13(2), pages 207-216.
    2. Aziz, Babar & Malik, Shahnawaz, 2006. "Surmising Consumer Demand System & Structural Changes Using Time Series Data," MPRA Paper 22911, University Library of Munich, Germany, revised 2006.
    3. Eatzaz Ahmad & Muhammad Arshad, 2007. "Household Budget Analysis for Pakistan under Varying the Parameter Approach," Microeconomics Working Papers 22180, East Asian Bureau of Economic Research.
    4. Riaz, Khalid, 1994. "Food consumption patterns in rural Pakistan," ISU General Staff Papers 1994010108000011501, Iowa State University, Department of Economics.
    5. Chabot, Philippe & Dorosh, Paul A., 2007. "Wheat markets, food aid and food security in Afghanistan," Food Policy, Elsevier, vol. 32(3), pages 334-353, June.
    6. repec:pru:wpaper:30 is not listed on IDEAS
    7. Azucena Gracia Royo & Luis Miguel Albisu Aguado, 1996. "Medición de la calidad y de los efectos de los precios en la demanda de alimentos," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 6, pages 131-147, Diciembre.
    8. FAIZ MOHAMMAD & SAYYID T AHlR, 1988. "Agricultural Prices in Pakistan:A Multimarket Analysis," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 27(4), pages 577-594.
    9. Mubarik Ali & Abedullah, 1998. "Supply, Demand, and Policy Environment for Pulses in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 37(1), pages 35-52.
    10. Bouis, Howarth E., 1996. "A food demand system based on demand for characteristics: If there is 'curvature' in the Slutsky matrix, what do the curves look like and why?," Journal of Development Economics, Elsevier, vol. 51(2), pages 239-266, December.
    11. Abid A. Burki, 1997. "Estimating Consumer Preferences for Food, Using Time Series Data of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 36(2), pages 131-153.
    12. Muhammad Rizwan YASEEN & Imran QAISER & Nabeela KOUSAR, 2015. "Comparative analysis of the animal products consumption in developing countries: the case study of the South Asian countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(7), pages 332-342.
    13. Muhammad Rizwan Yaseen & Irfan Mehmood & Qasim Ali, 2014. "Comparative analysis of the food and nutrients demand in developing countries: The case of main vegetable products in South Asian countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 60(12), pages 570-581.
    14. Lubna Naz & Munir Ahmad & G.M Arif, 2018. "Estimating Food Demand System and Rural Household Welfare: A Case study from Pakistan," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 10(4), pages 55-82, December.
    15. Adeeba Ishaq & Mahmood Khalid & Eatzaz Ahmad, 2018. "Food Insecurity in Pakistan: A RegionWise Analysis of Trends," PIDE-Working Papers 2018:157, Pakistan Institute of Development Economics.
    16. N. A. Burney & M. Akmal, 1991. "Food Demand In Pakistan: An Application Of The Extended Linear Expenditure System," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(2), pages 185-195, May.
    17. Sohail J. Malik, 1988. "Consumption Patterns of MajorFood Items in Pakistan: Provincial, Sectoral and Inter-temporalDifferences 1979 - 1984-85," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 27(4), pages 751-761.
    18. Muhammad Zulfiqar & Anwar F. Chishti, 2010. "Development of Supply and Demand Functions of Pakistan’s Wheat Crop," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 15(1), pages 91-102, Jan-Jun.
    19. Nadeem A. Burney & Ashfaque H. Khan, 1991. "Household Consumption Patterns in Pakistan: An Urban-Rural Comparison Using Micro Data," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 30(2), pages 145-171.
    20. Haider, Adnan & Zaidi, Masroor, 2017. "Food Consumption Patterns and Nutrition Disparity in Pakistan," MPRA Paper 83522, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bouis, Howarth E., 1996. "A food demand system based on demand for characteristics: If there is 'curvature' in the Slutsky matrix, what do the curves look like and why?," Journal of Development Economics, Elsevier, vol. 51(2), pages 239-266, December.
    2. Marco Stringa & Allan Monks, 2007. "Inter-industry contagion between UK life insurers and UK banks: an event study," Bank of England working papers 325, Bank of England.
    3. Cabral, Joilson de Assis & Freitas Cabral, Maria Viviana de & Pereira Júnior, Amaro Olímpio, 2020. "Elasticity estimation and forecasting: An analysis of residential electricity demand in Brazil," Utilities Policy, Elsevier, vol. 66(C).
    4. Fabrizio Rossi & Maretno Agus Harjoto, 2020. "Corporate non-financial disclosure, firm value, risk, and agency costs: evidence from Italian listed companies," Review of Managerial Science, Springer, vol. 14(5), pages 1149-1181, October.
    5. Stefano Magrini & Margherita Gerolimetto & Hasan Engin Duran, 2011. "Understanding the lead/lag structure among regional business cycles," Working Papers 2011_06, Department of Economics, University of Venice "Ca' Foscari".
    6. Hanson, Gordon H., 2001. "U.S.-Mexico Integration and Regional Economies: Evidence from Border-City Pairs," Journal of Urban Economics, Elsevier, vol. 50(2), pages 259-287, September.
    7. Dutta, Dilip & Ghosh, Paritosh Chandra, 2003. "Re-examining Economic Growth-Environment Relationship: Evidence from High-, Medium- And Low-Income Countries," Working Papers 3, University of Sydney, School of Economics.
    8. Shih-Tang Hwu, 2025. "Identification and Estimation in Linear Models with Endogeneity Through Time-Varying Volatility," Mathematics, MDPI, vol. 13(11), pages 1-17, June.
    9. Cooray, Arusha, 2011. "The role of the government in financial sector development," Economic Modelling, Elsevier, vol. 28(3), pages 928-938, May.
    10. Akbar Ullah & Ejaz Ghani & Attiya Y. Javed, 2013. "Market Power and Industrial Performance in Pakistan," PIDE-Working Papers 2013:88, Pakistan Institute of Development Economics.
    11. Jack Hadley & James Reschovsky & James O’Malley & Bruce Landon, 2014. "Factors associated with geographic variation in cost per episode of care for three medical conditions," Health Economics Review, Springer, vol. 4(1), pages 1-19, December.
    12. Domenico Depalo, 2020. "Explaining the causal effect of adherence to medication on cholesterol through the marginal patient," Health Economics, John Wiley & Sons, Ltd., vol. 29(S1), pages 110-126, October.
    13. Campbell, Randall C. & Nagel, Gregory L., 2016. "Private information and limitations of Heckman's estimator in banking and corporate finance research," Journal of Empirical Finance, Elsevier, vol. 37(C), pages 186-195.
    14. Christopher Dick-Sagoe & Ernest Ngeh Tingum & Peter Asare-Nuamah & Denis N. Yuni & Nicholas Baidoo, 2025. "Central transfers and incentives to collect local revenue among the Central Region of Ghana’s local government officials: analysing the flypaper effect," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-12, December.
    15. C, Loran & Eckbo, Espen & Lu, Ching-Chih, 2014. "Does Executive Compensation Reflect Default Risk?," UiS Working Papers in Economics and Finance 2014/11, University of Stavanger.
    16. Jean-Paul Azam & Kartika Bhatia, 2017. "Provoking insurgency in a federal state: theory and application to India," Public Choice, Springer, vol. 170(3), pages 183-210, March.
    17. Herrera, Santiago, 2000. "Determinantes y composición del endeudamiento público en Colombia," IDB Publications (Working Papers) 2110, Inter-American Development Bank.
    18. repec:aen:journl:ej38-4-ros is not listed on IDEAS
    19. Thomas A. Garrett & Russell S. Sobel, 2004. "State Lottery Revenue: The Importance of Game Characteristics," Public Finance Review, , vol. 32(3), pages 313-330, May.
    20. Mehzabin Tuli, Farzana & Mitra, Suman & Crews, Mariah B., 2021. "Factors influencing the usage of shared E-scooters in Chicago," Transportation Research Part A: Policy and Practice, Elsevier, vol. 154(C), pages 164-185.
    21. Wolfson, Paul J. & Kinsey, Jean D. & King, Robert P. & Seltzer, Jonathan M., 2001. "THE SUPERMARKET INDUSTRY AT THE START OF THE 21st CENTURY: KEY FINDINGS FROM THE 2000 SUPERMARKET PANEL," Journal of Food Distribution Research, Food Distribution Research Society, vol. 32(3), pages 1-13, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pid:journl:v:27:y:1988:i:2:p:89-107. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Khurram Iqbal (email available below). General contact details of provider: https://edirc.repec.org/data/pideipk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.