Discussion of the Time-Series Results



In this chapter, we provide a detailed summary and discussion of the time-series results just recorded, beginning with a summary tabulation of the steady-state price and total-expenditure elasticities. These are given in Table 16.1. In addition to the elasticities, the table includes the form of dynamic model estimated, the implied steady-state budget shares for the B–C and state-adjustment models, and actual budget shares for 2004.


Transportation Income Gasoline Smoke Autocorrelation 

Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of ArizonaTucsonUSA

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