UM Dissertations & Theses Collection (澳門大學電子學位論文庫)
- Title
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Conditional and unconditional elasticities of Japan food demand : an application of two-stage budgeting demand system
- English Abstract
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This dissertation applies the dynamic version of Quadratic Almost Ideal Demand System with the Two-Stage Budgeting Process for analyzing Japanese food consumption. The Breusch-Godfrey test and RESET2 test are employed for the different hypotheses. Furthermore, we estimate the conditional and unconditional expenditure, Marshallian and Hicksian price elasticities for food in Japan. Overall, results show that the difference between conditional and unconditional elasticities is large. It demonstrates the elasticities attained by studies that only focus on a specific commodity group might be inappropriate and should be reexamined. Key words: Dynamic QUAIDS, Two-Stage Budgeting Process, Elasticities.
- Issue date
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2014.
- Author
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Liang, Tian
- Faculty
- Faculty of Social Sciences (former name: Faculty of Social Sciences and Humanities)
- Department
- Department of Economics
- Degree
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M.Soc.Sc.
- Subject
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Demand functions (Economic theory)
Food supply -- Japan -- Econometric models
- Supervisor
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Wong, Ka Kei
- Files In This Item
- Location
- 1/F Zone C
- Library URL
- 991007812439706306