Recent Developments in Applied Demand Analysis

Name: Recent Developments in Applied Demand Analysis
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 9783642852077
Price: 19373 HUF
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Alcohol, Advertising and Global Consumption

Szerző: E. A. Selvanathan, Kenneth W. Clements

Nyelv:

Kötés: Puha kötésű

Kiadó: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Elérhetőség: Beszállítói készleten

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The study of consumer demand is important for a number of reasons. First, as total consumption absor...

Információk a könyvről

Szerző

E. A. Selvanathan, Kenneth W. Clements

Nyelv

Angol

Kötés

Könyv - Puha kötésű

Kiadva

2011

oldal

396

EAN

9783642852077

ISBN

3642852076

Enbook ID

07088218

Kiadó

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Súly

606

Méretek

159 x 230 x 23

Teljes leírás

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.

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Recent Developments in Applied Demand Analysis

Alcohol, Advertising and Global Consumption

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Azok a vásárlók, akik ezt a könyvet megvásárolták, a következőket is megvásárolták