Un sistema casi ideal de demanda para el gasto en Colombia: una estimación utilizando el método generalizado de los momentos en el periodo 1968-2007
This work uses a Linear Approximation of the Almost Ideal Demand System (LA/AIDS) to examine Colombian's expenditure in daily needs and to estimate the respective expenditure and price elasticities using Colombian time series from 1968 to 2007. The results show that the expenditure and price el...
- Autores:
-
Ramírez Hassan, Andrés
Londoño Cano, Daniel
Londoño Zapata, Edwar
- Tipo de recurso:
- Fecha de publicación:
- 2011
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- spa
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/582
- Acceso en línea:
- http://hdl.handle.net/10784/582
- Palabra clave:
- household expenditure
demand system
elasticities
LA-AIDS
delta method
gastos de hogares
sistemas de demanda
elasticidades
LA-AIDS
método delta
- Rights
- License
- Acceso abierto
| Summary: | This work uses a Linear Approximation of the Almost Ideal Demand System (LA/AIDS) to examine Colombian's expenditure in daily needs and to estimate the respective expenditure and price elasticities using Colombian time series from 1968 to 2007. The results show that the expenditure and price elasticities (compensated and not compensated) have the expected signs, most of them being less than one in absolute value and statistically significant. |
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