Non-Fiction Books:

A System-Wide Analysis of International Consumption Patterns

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Description

The modern system-wide approach to applied demand analysis emphasizes a unity between theory and applications. Its fIrm foundations in economic theory make it one of the most impressive areas of applied econometrics. This book presents a large number of applications of recent innovations in the area. The database used consist of about 18 annual observations for 10 commodities in 18 OECO countries (more than 3,100 data points). Such a large body of data should provide convincing evidence, one way or the other, about the validity of consumption theory. A PREVIEW OF THE BOOK The overall importance of the analysis presented in the book can be seen from the following table which shows the signifIcant contribution of the OECO to the world economy. As can be seen, the 24 member countries account for about 50 percent of world GOP in 1975. In this book we present an extensive analysis of the consumption patterns of the OECO countries.
Release date Australia
November 9th, 2012
Audience
  • Professional & Vocational
Edition
Softcover reprint of the original 1st ed. 1993
Illustrations
XX, 342 p.
Pages
342
Dimensions
160x240x19
ISBN-13
9789401048699
Product ID
21280076

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