Theory and Time Series Estimation of the Quadratic Expenditure System

@article{Howe1979TheoryAT,
  title={Theory and Time Series Estimation of the Quadratic Expenditure System},
  author={Howard Howe and Robert A Pollak and Terence J. Wales},
  journal={Econometrica},
  year={1979},
  volume={47},
  pages={1231-1247}
}

Tables from this paper

Collective Household Welfare and Intra-household Inequality
We investigate the relationship between the individual and household indirect utility functions in the context of a collective household model. Our analysis produces new results that explain how the
Price and income elasticities of residential energy demand in Germany
We apply a quadratic expenditure system to estimate price and expenditure elasticities of residential energy demand (electricity and heating) in Germany. Using official expenditure data from 1993 to
Demand Growth in Developing Countries
This report prepared by a consultant, Dr. David Abler of Penn State University in the United States, examines structural changes in the demand for agricultural products arising from economic growth
A comparison of demand systems a case study for West-Germany
Within this paper different demand systems are compared by means of test criteria for nested and nonnested hypotheses as well as by some information criteria like the Akaike and Schwatz information
John Muellbauer (1944–)
  • John V. Duca
  • Economics
    The Palgrave Companion to Oxford Economics
  • 2021
John Muellbauer has made notable contributions to applied microeconomics and macroeconomics. His earlier work on indirect utility functions and aggregation and his collaboration with Angus
Estimation of food demand parameters in Ethiopia_final
  • Economics
  • 2019
Entropy-Based Consumption Diversity—The Case of India
In recent years, there has been growing research in analysing the spending diversification of households in applied demand analysis using disaggregated household-level data. Taking cue from Engel’s
A general expenditure system for estimation of consumer demand functions
The class of flexible functional forms for the utility and cost function has been characterized by the pioneering work of Gorman (Some Engel curves. In: Deaton A (ed) Essays in the theory and
...
...

References

SHOWING 1-10 OF 40 REFERENCES
Community Preferences and the Representative Consumer
Estimation of Complete Demand Systems from Household Budget Data: The Linear and Quadratic Expenditure Systems
In this paper we explore two issues in empirical demand analysis-the estimation of complete systems of demand equations using household budget data (Section I), and the incorporation of demographic
On the Stability of Dynamic Demand Functions
past consumption. Weizsacker [3] has studied a similar model. The demand functions are a generalization of the linear expenditure system (1.7) hi(P, p) - bi-i(P) E Pkbk + ri(P)r and depend linearly
On the Problem of Integrability of Demand Functions
  • Preferences, Utility and Demand: A Minnesota Symposium, edited by J. S. Chipman, L. Hurwicz, M. K. Richter, and H. F. Sonnenschein. New York: Harcourt, Brace, Jovanovich, Inc., 1971, pp. 174-214.
  • 1971
Generalized Separability
  • Econometrica, 40 (1972), 431-454.
  • 1972
Additive Utility Functions and Linear Engel Curves
An Application of the Shephard Duality Theorem: A Generalized Leontief Production Function
  • W. Diewert
  • Economics, Mathematics
    Journal of Political Economy
  • 1971
The paper indicates how the Shephard duality theorem may be utilized in order to obtain a system of derived demand equations which are linear in the technological parameters, thus facilitating
ON A CLASS OF PREFERENCE FIELDS
...
...