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- W3125632529 abstract "Using household data from the 2006 Income and Expenditure survey, we providea new estimation of demand systems for Colombia. We estimate three differentspecifications of demand systems, namely, the Linear Expenditure System(LES), the Extended Linear Expenditure System (ELES) and the Almost IdealDemand System (AIDS). We also calculate expenditure, income and price elasticitiesfor different groups of goods. We find that the expenditure elasticity offood has remained stable over time, around 0.77. Clothing is no longer a luxurygood and has become a good with unitary expenditure elasticity. Health and Educationare still luxury goods but their expenditure elasticities have decreasedover time.**Utilizando datos a nivel de hogares de la Encuesta de Ingresos y Gastos 2006-2007,presentamos nuevas estimaciones de sistemas de demanda para Colombia.Estimamos tres diferentes especificaciones de sistemas de demanda, a saber, elSistema Lineal de Gastos (LES), el Sistema Lineal de Gastos Extendido (ELES) yel Sistema Cuasi-Ideal de Demanda (AIDS). Tambien calculamos valores de elasticidadesgasto, ingreso y precio para diferentes grupos de bienes. Encontramosque la elasticidad gasto de los alimentos se ha mantenido estable a traves deltiempo alrededor de 0.77. Por su parte, el vestuario ha dejado de ser un de biende lujo para volverse un bien de elasticidad gasto unitaria. Finalmente, la saludy la educacion siguen siendo bienes de lujo, pero sus elasticidades gasto hancaido a traves del tiempo." @default.
- W3125632529 created "2021-02-01" @default.
- W3125632529 creator A5056765101 @default.
- W3125632529 creator A5058133910 @default.
- W3125632529 date "2010-06-27" @default.
- W3125632529 modified "2023-09-27" @default.
- W3125632529 title "El consumo de los hogares colombianos, 2006-2007: estimación de sistemas de demanda" @default.
- W3125632529 hasPublicationYear "2010" @default.
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