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  • © 2005

Income Elasticity and Economic Development

Methods and Applications

Authors:

  • All developed, developing and under-developed countries can use the techniques presented in this book in a wide range of policy areas
  • Provides good examples and shows how to calculate income elasticity using a number of methods
  • Includes supplementary material: sn.pub/extras

Part of the book series: Advanced Studies in Theoretical and Applied Econometrics (ASTA, volume 42)

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About this book

Income Elasticity and Economic Development: Methods and Applications is mainly concerned with methods of estimating income elasticity. This field is connected with economic development that can be achieved by reducing income inequality. This is highly relevant in today's world, where the gap between rich and poor is widening with the growth of economic development. Income Elasticity and Economic Development: Methods and Applications provides a good example in showing how to calculate income elasticity, using a number of methods from widely available grouped data. Some of the techniques presented here can be used in a wide range of policy areas in all developed, developing and under-developed countries. Policy analysts, economists, business analysts and market researchers will find this book very useful.

Reviews

From the reviews:

"The book is mainly concerned with the methods of estimating income elasticity and is connected with the economic development, which can be achieved by reducing income inequality. Based on the Australian household expenditure survey data, the book provides a good example in showing how to calculate income elasticity from widely available grouped data using a number of different methods. … The book is well addressed to policy analysis, economists, business analysts and market researchers that may find it very useful." (Vangelis Grigoroudis, Zentralblatt MATH, Vol. 1113 (16), 2007)

Authors, Editors and Affiliations

  • The Federal Reserve Board, Washington, D.C., USA

    J. Marquez

  • University of Pennsylvania, Philadelphia, USA

    F.G. Adams

  • University of Geneva, Switzerland

    P. Balestra

  • University of Montreal, Canada

    M.G. Dagenais

  • University of Texas, Austin, USA

    D. Kendrick

  • Netherlands Economic Institute, Rotterdam, The Netherlands

    J.H.P. Paelinck

  • Sloane School of Management, M.I.T., USA

    R.S. Pindyck

  • University of Lodz, Poland

    W. Welfe

  • Victoria University, Footscray, Australia

    M. Ohidul Haque

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access