Showing papers by "Jacinto F. Fabiosa published in 1996"
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TL;DR: In this article, the authors combine price elasticities estimated from aggregated market data and income class-specific elasticities derived from household expenditure surveys using Slutsky relationships to calculate income-class-specific price elasticity.
Abstract: How can economists estimate consumption parameters by income classes? The approach used in this paper combines price elasticities estimated from aggregated market data and income-class-specific elasticities derived from household expenditure surveys using Slutsky relationships to calculate income-class-specific price elasticities. The approach was applied to estimate income-class-specific price elasticities for major agricultural commodities consumed in Jamaica.
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