The Estimation of Complete Almost Ideal Demand System from Czech Household Budget Survey Data
| Author(s): | prof. Ing. Karel Janda M.A., Dr., Ph.D., PhDr. Jakub Mikolášek , PhDr. Martin Netuka , |
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| Type: | IES Working Papers |
| Year: | 2009 |
| Number: | 31 |
| ISSN / ISBN: | |
| Published in: | IES Working Papers 31/2009 |
| Publishing place: | Prague |
| Keywords: | Almost Ideal Demand System, consumption, the Czech Republic, elasticity, price, spirits, tax, wine, beer. |
| JEL codes: | D12, L66, Q18 |
| Suggested Citation: | Janda, K., Mikolášek, J., Netuka, M. (2009). “ The Estimation of Complete Almost Ideal Demand System from Czech Household Budget Survey Data ” IES Working Paper 31/2009. IES FSV. Charles University. |
| Abstract: | The aim of this paper is to provide a reliable set of income, own-price, and cross-price elasticities of demand for the consumer goods, foods and alcohol beverages based on Almost Ideal Demand System model applied to the most relevant Czech data set of Household Budget Statistics. While we concentrate on the last stage of our complete demand system which is concerned with the demand for beverages, the estimates obtained in the first (all consumption goods) and second (food) stages of our model may be used for consumer demand analysis with respect to any consumption group considered in our model. |
| Downloadable: |
WP 2009_31_Janda, Mikolasek, Netuka |
