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Discussion of the Time-Series Results

  • Lester D. Taylor
Chapter

Abstract

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.

Keywords

Quantile Regression Habit Formation Budget Share Household Utility Consumer Expenditure Survey 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of ArizonaTucsonUSA

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