Recent Developments in Applied Demand Analysis: Alcohol, Advertising and Global Consumption - Hardcover

Selvanathan, E.A.; Clements, Kenneth W.

Hardcover

ISBN 10: 3540591974 ISBN 13: 9783540591979

Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. K, 1995

Synopsis

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.

About this title

Synopsis

This book presents a number of recent developments in demand analysis. These include new, simple data-analytic techniques for analysing consumption data; new tests based on computer simulations for hypothesis testing; new methodological results on how to estimate demand equations; innovative applications to alcohol demand; extensions of the system-wide framework to analyse the effects of advertising on consumption; novel approaches to forecasting consumption patterns; and new theoretical results on aggregation of demand systems over consumers. All these innovations are extensively illustrated with the use of data from the OECD countries.

Edition details

• Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. K
• Publication date: 1995
• Language: English
• ISBN 10: 3540591974
• ISBN 13: 9783540591979
• Binding: Hardcover
• Number of pages: 423