Acta Scientiarum Polonorum

Scientific paper founded in 2001 year by Polish agricultural universities

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Oeconomia
(Ekonomia) 2 (1) 2003
Title
EVALUATION METHODS OF IDENTIFICATION INCOME DEMAND ELASTICITY COEFFICIENTS
Autor
Michał Sznajder, Grażyna Adamczyk
Keywords
demand, income, income demand elasticity coefficient.
Abstract
This paper presents different methods of income demand elasticity coefficient evaluation and also verification of these methods. It was showed, that the best statistical adaptation for research of income influence for demand measure by expenditure have the function with asymptote. The next substantial verification, and also intuitive feeling related to consumer behaviours showed, that the best imitate of food expenditures evolution got in the case of Working model (hyperbolic and logarithmic).
Pages
25-42
Cite
Sznajder, M., Adamczyk, G. (2003). EVALUATION METHODS OF IDENTIFICATION INCOME DEMAND ELASTICITY COEFFICIENTS. Acta Sci. Pol. Oeconomia, 2(1), 25-42.
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