Estimation of Quadratic Expenditure Systems Using German Household Budget Data / Schätzung Quadratischer Ausgabensysteme anhand der Daten der Einkommens- und Verbrauchsstichprobe
Abstract
Summary: Drawing on household budget data from the German Income and Consumption Surveys of 1988 and 1993, we estimate demographicaily structured Quadratic Expenditure Systems. Both Full Information Maximum Likelihood methods and a Limited Information approach as proposed recently by Ding and Hadri (1996) are employed. The quadratic specification is found to significantly improve the model fit as compared to the linear one used in previous demand studies for Germany. Price elasticities of demand for different household types are analyzed at distinct income levels, and ratios of estimated subsistence expenditures are compared to both institutional and empirical equivalence scales.
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The QES estimated by Kohn and Missong (2003) with an older version of the EVS also violates the household size effect criterion.
“That is also the case for the QES estimated by Kohn and Missong (2003) with an older version of the EVS.”
From Assessing differences in household needs: a comparison of approaches for the estimation of equivalence scales using German expenditure data (2021) · cites this paper as Kohn and Missong (2003)
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Cited by 9
- Authors
- Kohn, K., & Missong, M.
- Affiliations
- University of Mannheim (DE)
- Christian-Albrechts-Universität zu Kiel (DE)
- Corresponding author
- Kohn, Karsten
- ORCID
- Kohn, Karsten
- Venue
- Jahrbücher für Nationalökonomie und Statistik
- Publisher
- Walter de Gruyter GmbH
- Published
- 2003-08-01
- Volume
- 223
- Issue
- 4
- Pages
- 422-448
- ISSN
- 0021-4027 (ISSN-L)
- 2366-049X
- OpenAlex
- W1525152300
- Cited by
- 9
- References
- 0
- Citations by year
- 2020: 1 · 2017: 1 · 2016: 3 · 2015: 2
- FWCI
- 1.62
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Jahrbücher für Nationalökonomie und Statistik (publishedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economics of Agriculture and Food Markets
- Social Sciences › Sociology and Political Science › Income, Poverty, and Inequality
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Energy, Environment, and Transportation Policies
- Keywords
- household demand, equivalence scales, household types, demographic heterogeneity, household budget data, limited information estimation
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