Academic literature on the topic 'Income-elasticity of demand'

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Journal articles on the topic "Income-elasticity of demand"

1

Syrovátka, P. "Income elasticity of demand within individual consumer groups and the level of income elasticity of the entire market demand ." Agricultural Economics (Zemědělská ekonomika) 52, No. 9 (2012): 412–17. http://dx.doi.org/10.17221/5044-agricecon.

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The paper is focused on the derivation of the mathematical relationship among the income-elasticity level of the entire market demand and the income-elasticity values of the demand functions of the consumers’ groups buying on the defined market. The determination of the mathematical term was based on the linearity of the relevant demand functions. Under the linearity assumption, the income elasticity coefficient of the entire market demand equals the weighted sum of the income-demand elasticities of the differentiated consumer groups buying on the given market. The weights in the agg
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2

Ibragimov, Marat, and Rustam Ibragimov. "Market Demand Elasticity and Income Inequality." Economic Theory 32, no. 3 (2006): 579–87. http://dx.doi.org/10.1007/s00199-006-0125-3.

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3

Syrovátka, Pavel. "Income elasticity of Czechs' household demand for meat and meat products: autoregressive model." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 56, no. 6 (2008): 149–56. http://dx.doi.org/10.11118/actaun200856060149.

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The paper is focused on the wider concept of the income-elasticity analysis within of the average Czechs' household demand for the meat and meat products including demand for fish and fish products. Within the investigated consumer demand, the levels of current income elasticity, dynamic income elasticity, long-term income elasticity, long-equilibrium income elasticity were evaluated. Realised demand analysis was based on the autoregressive log-linear model of Engel's curve: lnqt = −11.9878 + 1.4733lnxt + 0.1917lnqt−1 + vt, which was estimated by using the CZSO-HS data from 1995 to 2000. Devel
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4

Syrovátka, P. "Income elasticity of food expenditures of the average Czech household." Agricultural Economics (Zemědělská ekonomika) 50, No. 7 (2012): 309–16. http://dx.doi.org/10.17221/5208-agricecon.

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The paper was focused on the quantitative research of the income elasticity in the field of the food expenditures within the consumer bundle of the average Czech household between 1995 and 2002. The quantitative analysis of the elasticity was based on the system of the nine one-equation regression models of the demands. Because of the time dimension of the used CZO databases, the partial equations of the demand system were developed in the explicit dynamic form. For the elimination of the price changes in the research of the income-elasticity, the real levels of the expenditures and the income
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5

Hupková, D., P. Bielik, and N. Turčeková. "Structural changes in the beef meat demand in Slovakia and demand elasticity estimation." Agricultural Economics (Zemědělská ekonomika) 55, No. 8 (2009): 361–67. http://dx.doi.org/10.17221/41/2009-agricecon.

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The article focuses on assessing the consumer habits attitudes and behaviour towards the beef meat demand. The main objective of this study is to investigate the determinants of the households’ beef meat consumption using the main economic factors. Determining and analysis of consumer behaviour on the individual household categories level and the subsequent comparison of impact factors on consumer decision will give us an assumption to the complex understanding of the consumer behaviour determinants. We used panel data to estimate the beef meat demand in Slovakia. The data were obtained from t
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6

Delis, Manthos D., Iftekhar Hasan, and Chris Tsoumas. "The income elasticity of mortgage loan demand." Financial Markets, Institutions & Instruments 28, no. 2 (2019): 115–39. http://dx.doi.org/10.1111/fmii.12108.

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7

McCONNELL, KENNETH E. "Income and the demand for environmental quality." Environment and Development Economics 2, no. 4 (1997): 383–99. http://dx.doi.org/10.1017/s1355770x9700020x.

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The environmental Kuznets curve (EKC) is an empirical regularity showing how some pollutants increase and then decrease with rising per capita incomes. Popular discussions and models of the EKC emphasize the role of the income elasticity of demand for environmental quality as a driving force for the inverted U-shaped relationship between income and pollutants. This paper explores the role of the income elasticity of demand for environmental quality by decomposing the reduced-form effect of income on pollution, showing that preferences consistent with a positive income elasticity of demand for
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8

Havranek, Tomas, and Ondrej Kokes. "Income elasticity of gasoline demand: A meta-analysis." Energy Economics 47 (January 2015): 77–86. http://dx.doi.org/10.1016/j.eneco.2014.11.004.

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9

Kusumaningrum, Stranti Nastiti. "The Sensitivity of Residential Electricity Demand in Indonesia." Signifikan: Jurnal Ilmu Ekonomi 7, no. 2 (2018): 247–66. http://dx.doi.org/10.15408/sjie.v7i2.6048.

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Since 2013, the residential electricity price for High VA (Volt-Ampere) households has changed due to changes in pricing policies. This paper analyzes the responsiveness of residential electricity demand to the change in electricity prices and income among two different household groups (Low VA and High VA) in 2011 and 2014. Using an electricity consumption model and the Quantile Regression method, the results show that residential electricity demand is price and income inelastic. Income elasticity is lower than price elasticity. Furthermore, the effects on price elasticity also found in the L
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10

Bielik, P., and Z. Šajbidorová. "Elasticity of consumer demand on pork meat in the Slovak Republic." Agricultural Economics (Zemědělská ekonomika) 55, No. 1 (2009): 12–19. http://dx.doi.org/10.17221/2502-agricecon.

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Consumers are the starting point of the final product market vertical line. Their demand is a crucial factor in the decisions about production – what to produce, how much, and what way. The aim of this paper is to provide the analysis of the elasticity of the consumer demand on pork, based on the influence of the change of the determinants influencing the demand on the consumer level of the vertical product line, and subsequent evaluation of the character and intensiveness of the consumer demand elasticities. The evaluation is founded on the determined coefficients for the individual elasticit
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