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Adjustments in Demand during Lithuania's Economic Transition

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  • Ferdaus Hossain
  • Helen H. Jensen

Abstract

Significant economic changes have occurred in Lithuania since 1992. Major market reforms were introduced through phased liberalization of producer and consumer prices. In this study, panel data from a Lithuanian Household Budget Survey conducted during 1992-94 were used to estimate demand parameters for aggregated commodity groups. The researchers evaluated consumer demand behavior during the period of economic transition and assessed the effects of the economic changes on Lithuanian households.

Suggested Citation

  • Ferdaus Hossain & Helen H. Jensen, 1998. "Adjustments in Demand during Lithuania's Economic Transition," Center for Agricultural and Rural Development (CARD) Publications 98-wp190, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:98-wp190
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    References listed on IDEAS

    as
    1. Cornia, Giovanni Andrea, 1994. "Poverty, Food Consumption, and Nutrition during the Transition to the Market Economy in Eastern Europe," American Economic Review, American Economic Association, vol. 84(2), pages 297-302, May.
    2. Peter K Cornelius, 1995. "Cash Benefits and Poverty Alleviation in an Economy in Transition: The Case of Lithuania," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 37(2), pages 49-69, July.
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