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Elasticidades Renda e Preços: Análise do Consumo Familiar a partir dos Dados da POF 2008/2009

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  • de Almeida, Alexandre

Abstract

The objective of this article was to estimate income and price elasticities for 31 out of the 110 commodities that compound the System of National Accounts. The data to be used correspond to the Household Budget Survey for 2008/2009 (POF) of the Brazilian National Statistical Institute (IBGE). Moreover, estimates will be also used to calculate the Frisch parameter and thereby calculating price elasticities following Dixon et al., (1982) approach. This study is part of a broader project on structural features of the Brazilian Economy coordinated by Prof. Eduardo Haddad, from the School of Economics of the University of Sao Paulo, together with colleagues, and other research members from NEREUS. Overall, the results were satisfactory and very close to those found in the previous literature for Brazil. The value of the Frisch parameter for Brazil was of -1.94.

Suggested Citation

  • de Almeida, Alexandre, 2011. "Elasticidades Renda e Preços: Análise do Consumo Familiar a partir dos Dados da POF 2008/2009," TD NEREUS 4-2011, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    • Handle: RePEc:ris:nereus:2011_004
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    More about this item

    Keywords

    Income elasticity of demand; Household consumption; Brazil;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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