Dienstag, 2. Juli 2013

Estimating consumer demand for Austria


I have just finished two drafts of my thesis, which I’d be happy to get some feedback on

Estimating consumer demand for Austria

Abstract Price and income impact consumption patterns. An Almost Ideal Demand System is estimated for Austria to find expenditure, own and cross price elasticities for 12 broadly defined consumption groups. Results are compared to results from Finland, Denkmark, Norway and the Netherlands. A simple log-linear model yields similar own price elasticities for most categories, except for Clothing and Furnishings which show significant cross elasticities. The micEconAids package for R was extended to facilitate estimation of AIDS in first difference and calculate standard errors of elasticities with respect demand shifters.


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