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Book Studies in Consumer Demand     Econometric Methods Applied to Market Data

Download or read book Studies in Consumer Demand Econometric Methods Applied to Market Data written by Jeffrey A. Dubin and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies in Consumer Demand - Econometric Methods Applied to Market Data contains eight previously unpublished studies of consumer demand. Each study stands on its own as a complete econometric analysis of demand for a well-defined consumer product. The econometric methods range from simple regression techniques applied in the first four chapters, to the use of logit and multinomial logit models used in chapters 5 and 6, to the use of nested logit models in chapters 6 and 7, and finally to the discrete/continuous modeling methods used in chapter 8. Emphasis is on applications rather than econometric theory. In each case, enough detail is provided for the reader to understand the purpose of the analysis, the availability and suitability of data, and the econometric approach to measuring demand.

Book Consumer Demand in the United States

Download or read book Consumer Demand in the United States written by Lester D. Taylor and published by Springer Science & Business Media. This book was released on 2009-11-25 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic treatise that defined the field of applied demand analysis, Consumer Demand in the United States: Prices, Income, and Consumption Behavior is now fully updated and expanded for a new generation. Consumption expenditures by households in the United States account for about 70% of America’s GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in price and income. Econometric estimates of price and income elasticities are obtained for an exhaustive array of goods and services using data from surveys conducted by the Bureau of Labor Statistics and aggregate consumption expenditures from the National Income and Product Accounts, providing a better understanding of consumer demand. Practical models for forecasting future price and income elasticities are also demonstrated. Fully revised with over a dozen new chapters and appendices, the book revisits the original Houthakker-Taylor models while examining new material as well, such as the use of quantile regression and the stationarity of consumer preference. It also explores the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory with psychology literature. The most comprehensive treatment of the topic to date, this volume will be an essential resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as investors and policymakers concerned with the impact of economic fluctuations.

Book Consumer Demand in the United States

Download or read book Consumer Demand in the United States written by Lester D. Taylor and published by . This book was released on 2010-04-17 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Recent Developments in Applied Demand Analysis

Download or read book Recent Developments in Applied Demand Analysis written by E.A. Selvanathan and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Second, the pattern of consumption contains a wealth of useful information regarding economic welfare and living standards. Closely allied to this is that as consumption (both current and future) is the ultimate objective of all economic activity and economic systems (mercantilists notwithstanding), in a fundamental sense consumption patterns are an objective way of measuring and assessing economic performance. Finally, an understanding of the price-responsiveness of consumption is of crucial importance for a host of microeconomic policy issues including public-utility pricing, the measurement of distortions, optimal taxation and the treatment of externalities. The analysis of consumer demand is one of the major successes of economics as it represents the near perfect marriage of theory and econometrics, a situation almost unparalleled in any other field of economics. This field has attracted a lot of attention since the introduction of the linear expenditure system and its application to British data by Stone (1954), followed by the differential demand system of Barten (1964) and Theil (1965, 1975176, 1980) and developments thereafter.

Book Food Demand Analysis

Download or read book Food Demand Analysis written by Robert Raunikar and published by Wiley-Blackwell. This book was released on 1987 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Demand Analysis

Download or read book Demand Analysis written by Herman O. A. Wold and published by New York ; Toronto : Wiley. This book was released on 1953 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Demand Analysis

Download or read book Demand Analysis written by Herman Wold and published by . This book was released on 1964 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Henri Theil   s Contributions to Economics and Econometrics

Download or read book Henri Theil s Contributions to Economics and Econometrics written by B. Raj and published by Springer. This book was released on 1992-03-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: PREFACE TO THE COLLECTION PREAMBLE The editors are pleased to present a selection of Henri Theil's contributions to economics and econometrics in three volumes. In Volume I we have provided an overview of Theil's contributions, a brief biography, an annotated bibliography of his research, and a selection of published and unpublished articles and chapters in books dealing with topics in econometrics. Volume II contains Theil's contributions to demand analysis and information theory. Volume III includes Theil's contributions in economic policy and forecasting, and management science. The selection of articles is intended to provide examples of Theil's many seminal and pathbreaking contributions to economics in such areas as econometrics, statistics, demand analysis, information theory, economic policy analysis, aggregation theory, forecasting, index numbers, management science, sociology, operations research, higher education and much more. The collection is also intended to serve as a tribute to him on the occasion of his 68th birthday: These three volumes also highlight some of Theil's contributions and service to the profession as a leader, advisor, administrator, teacher, and researcher. Theil's contributions, which encompass many disciplines, have been extensively cited both in scientific and professional journals. These citations often place Theil among 10 researchers (ranked according to number of times cited) in the world in various the top disciplines.

Book Some Recent Developments in Consumer Demand Analysis

Download or read book Some Recent Developments in Consumer Demand Analysis written by Henri Theil and published by . This book was released on 1973 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Contributions to Consumer Demand and Econometrics

Download or read book Contributions to Consumer Demand and Econometrics written by Ronald Bewley and published by Springer. This book was released on 1992-06-18 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains essays on consumer demand and econometrics written in honour of Professor Henri Theil. The essays report the results of current pioneering research work and cover a variety of topics including inequality tests, mixing forecasts and dynamic panel data models.

Book Data for Food Demand Analysis

Download or read book Data for Food Demand Analysis written by Alden Coe Manchester and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Market Interrelationships and Applied Demand Analysis

Download or read book Market Interrelationships and Applied Demand Analysis written by Michael K. Wohlgenant and published by Palgrave Macmillan. This book was released on 2021-06-29 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook addresses the core issues facing economists concerning price determination in commodity markets, especially food and agricultural commodities. This book hones in on the conceptual basis of the various relationships, with special emphasis on market interrelationships, both horizontally and vertically. This book covers key concepts such as consumer demand theory; quality, heterogeneous goods, and cross section demand; derived demand, marketing margins, and relationship between output and raw material prices; retail-to-farm demand linkages, imperfect competition, and short-run price determination; dynamic consumer demand; and dynamic models of the firm. What makes this textbook of particular use to students is its focus on bridging the gap between theory and empirical analysis. Going from theory to empirics requires that we have data—time series or cross section—that match the theoretical constructs. Often the data match is not perfect, either by definition or how the data are computed. In addition to problems of matching data with theoretical constructs, students and researchers need to know how to specify, estimate, and interpret results within the context of imperfect and often incomplete data. This textbook uses several data sets to illustrate how one might address problems in real-world settings. Furthermore, with exercises at the end of each chapter, students are able to test themselves on their ability to bring theory to life.

Book Theoretical and Empirical Consumer Demand Analysis

Download or read book Theoretical and Empirical Consumer Demand Analysis written by Robert E. Duquette and published by . This book was released on 1975 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Empirical Analytics of Demand Systems

Download or read book Empirical Analytics of Demand Systems written by Alan A. Powell and published by Lexington, Mass : Lexington Books. This book was released on 1974 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Food Demand Analysis

    Book Details:
  • Author : Virginia Polytechnic Institute and State University. Department of Agricultural Economics
  • Publisher :
  • Release : 1986
  • ISBN :
  • Pages : 308 pages

Download or read book Food Demand Analysis written by Virginia Polytechnic Institute and State University. Department of Agricultural Economics and published by . This book was released on 1986 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Bibliography on Demand Analysis and Projections

Download or read book Bibliography on Demand Analysis and Projections written by Food and Agriculture Organization of the United Nations and published by . This book was released on 1959 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: