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WEAK SEPARABILITY AND A TEST FOR THE SPECIFICATION OF INCOME IN DEMAND MODELS WITH AN APPLICATION TO THE DEMAND FOR MEAT IN AUSTRALIA*

โœ Scribed by Alston, Julian M. ;Chalfant, James A.

Book ID
115214407
Publisher
Wiley (Blackwell Publishing)
Year
1987
Tongue
English
Weight
952 KB
Volume
31
Category
Article
ISSN
0004-9395

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This paper reports estimates of the long-and short-run elasticities of residential demand for electricity in Australia using the bounds testing procedure to cointegration, within an autoregressive distributive lag framework. In the long run, we find that income and own price are the most important d