Title: Using Linear Expenditure System Model to Analyze Consumer Demand Elasticity of Guizhou Urban Residents
Abstract: In economics,demand elasticity consists of price elasticity and income elasticity of demand.Price elasticity also includes self-demand elasticity and the cross-elasticity of demand.The empirical analysis of flexibility can help us to correctly understand and handle the rules of the commodity demand under the impact of the changes in income and commodity price changes,and can play an active role in enlivening microeconomic structural changes and promoting the consumption of urban residents.Using expanding linear expenditure system model,Taking Guizhou Statistical Yearbook(2002) published data for samples,especially 2001,the writer is trying to analyze consumer demand for flexible to figure out reasonable various flexibility.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
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