Recent Developments in Applied Demand Analysis: Alcohol, Advertising and Global Consumption
The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Sec...
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Beteiligte Personen: | , |
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1995
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Ausgabe: | 1st ed. 1995 |
Schlagwörter: | |
Links: | https://doi.org/10.1007/978-3-642-85205-3 https://doi.org/10.1007/978-3-642-85205-3 |
Zusammenfassung: | The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Second, the pattern of consumption contains a wealth of useful information regarding economic welfare and living standards. Closely allied to this is that as consumption (both current and future) is the ultimate objective of all economic activity and economic systems (mercantilists notwithstanding), in a fundamental sense consumption patterns are an objective way of measuring and assessing economic performance. Finally, an understanding of the price-responsiveness of consumption is of crucial importance for a host of microeconomic policy issues including public-utility pricing, the measurement of distortions, optimal taxation and the treatment of externalities. The analysis of consumer demand is one of the major successes of economics as it represents the near perfect marriage of theory and econometrics, a situation almost unparalleled in any other field of economics. This field has attracted a lot of attention since the introduction of the linear expenditure system and its application to British data by Stone (1954), followed by the differential demand system of Barten (1964) and Theil (1965, 1975176, 1980) and developments thereafter |
Umfang: | 1 Online-Ressource (XXVII, 396 p) |
ISBN: | 9783642852053 |
DOI: | 10.1007/978-3-642-85205-3 |
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Datensatz im Suchindex
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any_adam_object | |
author | Selvanathan, E.A Clements, Kenneth W. |
author_facet | Selvanathan, E.A Clements, Kenneth W. |
author_role | aut aut |
author_sort | Selvanathan, E.A |
author_variant | e s es k w c kw kwc |
building | Verbundindex |
bvnumber | BV046872572 |
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dewey-ones | 330 - Economics |
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dewey-sort | 3330.1 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
doi_str_mv | 10.1007/978-3-642-85205-3 |
edition | 1st ed. 1995 |
format | Electronic eBook |
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spelling | Selvanathan, E.A. Verfasser aut Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption by E.A. Selvanathan, Kenneth W. Clements 1st ed. 1995 Berlin, Heidelberg Springer Berlin Heidelberg 1995 1 Online-Ressource (XXVII, 396 p) txt rdacontent c rdamedia cr rdacarrier The study of consumer demand is important for a number of reasons. First, as total consumption absorbs more than 70 percent of GDP in most countries, it is the largest of the macroeconomic aggregates, thus having great significance for the state of the economy as a whole and business conditions. Second, the pattern of consumption contains a wealth of useful information regarding economic welfare and living standards. Closely allied to this is that as consumption (both current and future) is the ultimate objective of all economic activity and economic systems (mercantilists notwithstanding), in a fundamental sense consumption patterns are an objective way of measuring and assessing economic performance. Finally, an understanding of the price-responsiveness of consumption is of crucial importance for a host of microeconomic policy issues including public-utility pricing, the measurement of distortions, optimal taxation and the treatment of externalities. The analysis of consumer demand is one of the major successes of economics as it represents the near perfect marriage of theory and econometrics, a situation almost unparalleled in any other field of economics. This field has attracted a lot of attention since the introduction of the linear expenditure system and its application to British data by Stone (1954), followed by the differential demand system of Barten (1964) and Theil (1965, 1975176, 1980) and developments thereafter Economic Theory/Quantitative Economics/Mathematical Methods Economic theory Makroökonomische Konsumfunktion (DE-588)4139121-4 gnd rswk-swf Alkoholisches Getränk (DE-588)4128384-3 gnd rswk-swf Getränkeweltmarkt (DE-588)4197171-1 gnd rswk-swf Werbewirkung (DE-588)4189647-6 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content Makroökonomische Konsumfunktion (DE-588)4139121-4 s Alkoholisches Getränk (DE-588)4128384-3 s Getränkeweltmarkt (DE-588)4197171-1 s DE-604 Werbewirkung (DE-588)4189647-6 s Clements, Kenneth W. aut Erscheint auch als Druck-Ausgabe 9783642852077 Erscheint auch als Druck-Ausgabe 9783540591979 Erscheint auch als Druck-Ausgabe 9783642852060 https://doi.org/10.1007/978-3-642-85205-3 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Selvanathan, E.A Clements, Kenneth W. Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption Economic Theory/Quantitative Economics/Mathematical Methods Economic theory Makroökonomische Konsumfunktion (DE-588)4139121-4 gnd Alkoholisches Getränk (DE-588)4128384-3 gnd Getränkeweltmarkt (DE-588)4197171-1 gnd Werbewirkung (DE-588)4189647-6 gnd |
subject_GND | (DE-588)4139121-4 (DE-588)4128384-3 (DE-588)4197171-1 (DE-588)4189647-6 (DE-588)4143413-4 |
title | Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption |
title_auth | Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption |
title_exact_search | Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption |
title_full | Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption by E.A. Selvanathan, Kenneth W. Clements |
title_fullStr | Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption by E.A. Selvanathan, Kenneth W. Clements |
title_full_unstemmed | Recent Developments in Applied Demand Analysis Alcohol, Advertising and Global Consumption by E.A. Selvanathan, Kenneth W. Clements |
title_short | Recent Developments in Applied Demand Analysis |
title_sort | recent developments in applied demand analysis alcohol advertising and global consumption |
title_sub | Alcohol, Advertising and Global Consumption |
topic | Economic Theory/Quantitative Economics/Mathematical Methods Economic theory Makroökonomische Konsumfunktion (DE-588)4139121-4 gnd Alkoholisches Getränk (DE-588)4128384-3 gnd Getränkeweltmarkt (DE-588)4197171-1 gnd Werbewirkung (DE-588)4189647-6 gnd |
topic_facet | Economic Theory/Quantitative Economics/Mathematical Methods Economic theory Makroökonomische Konsumfunktion Alkoholisches Getränk Getränkeweltmarkt Werbewirkung Aufsatzsammlung |
url | https://doi.org/10.1007/978-3-642-85205-3 |
work_keys_str_mv | AT selvanathanea recentdevelopmentsinapplieddemandanalysisalcoholadvertisingandglobalconsumption AT clementskennethw recentdevelopmentsinapplieddemandanalysisalcoholadvertisingandglobalconsumption |