Measuring income responses: A log-quadratic demand model for consumers in India
| ISSN: |
1435-8921
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| Source: |
Springer Online Journal Archives 1860-2000
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| Topics: |
Economics
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| Notes: |
Summary This paper attempts to capture the non-linearity of income responses of fairly disaggregated item groups with the help of a quadratic system of demand equations, introduced herein. Empirical performances of the quadratic system and some other models have been examined using Indian consumer expenditure data.
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| Type of Medium: |
Electronic Resource
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| URL: |