An Analysis of Consumers' Expenditure in Queensland: 1948 – 1985

This paper presents the results of estimating a set of consumer demand equations for the Queensland economy. The model adopted is the Almost Ideal Demand System of Deaton and Muellbauer. The model is estimated for four commodity groups: Food, Clothing, Household equipment and operation and Other Exp...

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Bibliographic Details
Published inEconomic analysis and policy Vol. 20; no. 2; pp. 169 - 188
Main Author Dewhurst, J.H.L.L.
Format Journal Article
LanguageEnglish
Published East Hawthorn Elsevier B.V 1990
Economic Society of Australia Inc
Subjects
Almost Ideal Demand System model
Consumption (Economics)
Econometrics
Food
Household expenditure
Housing
Queensland: Economic history
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Summary:This paper presents the results of estimating a set of consumer demand equations for the Queensland economy. The model adopted is the Almost Ideal Demand System of Deaton and Muellbauer. The model is estimated for four commodity groups: Food, Clothing, Household equipment and operation and Other Expenditure excluding housing. The model is estimated using a static representation and using two dynamic variants. After discussion of the results, the estimated expenditure and own price elasticities are compared to those estimated in previous studies.
Bibliography:Economic Analysis and Policy, v.20, no.2, Sept 1990: 169-188
ISSN:0313-5926
DOI:10.1016/S0313-5926(90)50028-4