International consumption comparisons OECD versus LDC 1st Edition by E A Selvanathan, S Selvanathan ISBN 9810240058 9789810240059

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Product details:

ISBN 10: 9810240058

ISBN 13: 9789810240059 

Author: E. A. Selvanathan, S. Selvanathan

This book presents an analysis of consumption patterns in the OECD (rich) and LDC (poor) countries using recent data (1950–1998) and econometric methodology for a number of broadly aggregated consumer goods. The income elasticity estimates for the 46 countries and 9 commodity groups are tabulated. The reliability of these elasticity estimates, and also the demand theory hypotheses, are investigated using simulation techniques.

Table of contents:

1. An Overview of International Consumption Patterns (E A Selvanathan & S Selvanathan)
2. Consumer Demand Models (E A Selvanathan & S Selvanathan)
3. Data Analysis: OECD Countries (E A Selvanathan & S Selvanathan)
4. Data Analysis: Less Developed Countries (E A Selvanathan & S Selvanathan)
5. A Comparison of Consumption Patterns in the OECD and LD Countries (E A Selvanathan & S Selvanathan)
6. Stochastic Price and Quantity Index Numbers (E A Selvanathan & S Selvanathan)
7. Testing Demand Theory Hypotheses: OECD and LD Countries (E A Selvanathan & S Selvanathan)
8. A Comparison of Alternative Demand Systems (E A Selvanathan & S Selvanathan)
9. The Structure of Preferences: OECD and LD Countries (E A Selvanathan & S Selvanathan)

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Tags: E A Selvanathan, S Selvanathan, International Consumption, Comparisons, OECD, LDC