Campus Units

Economics

Document Type

Article

Publication Version

Published Version

Publication Date

1998

Journal or Book Title

Quarterly Journal of International Agriculture

Volume

37

Issue

4

First Page or Article ID Number

322

Last Page

337

Abstract

Empirical analysis of household consumption expenditures provides information that is of critical importance for many policy issues. Estimated demand parameters are of interest not only from the purely behavioral aspects of demand projection, but also because of their usefulness in the analysis of welfare, inequality, and poverty in a society. Further, information on household demand parameters, especially the estimated equivalence scales and demographic demand parameters, are of critical importance for public policy formulations For example, designing and implementation of new and incentive-compatible tax and subsidy policies, and social transfer programs (to alleviate poverty in targeted segments of the society) require reliable estimates of the demand parameters.

Comments

This article is from Quarterly Journal of International Agriculture 37 (1998): 322. Posted with permission.

Copyright Owner

DLG Verlag

Language

en

File Format

application/pdf

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