Comparing of Demand Systems in explaining of Iranian Urban Households consumption behaviour

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MOHAMADZADEH PARVIZ; Behboodi Davood; HEKMATI FARID SAMAD

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Journal: Journal of Economic Research Year:2015 | Volume:50 | Issue:1 Page(s): 193-216

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Title

Comparing of Demand Systems in explaining of Iranian Urban Households consumption behaviour

Author(s)

MOHAMADZADEH PARVIZ | Behboodi Davood | HEKMATI FARID SAMAD | Issue Writer Certificate

Keywords

Demand systemsQ2

AIDSQ2

CBSQ2

NBRQ2

RotterdamQ2

IranQ2

Abstract

Selection of best demand model for explaining of consumer behaviour is one of the most important issues in Microeconomic. In this paper we introduce AIDS[1], CBS[2], NBR[3] and Rotterdam model and estimate these models by Iranian urban households data for period 1973-2012. Seemingly Unrelated Regression Method is chosen for estimation of 5 Groups of Commodities including Food, Housing, clothing, appliances and furniture and miscellaneous. In this survey we calculate price and income elasticity for 5 commodity groups and we test Homogeneity and Symmetry conditions in each model. Results indicate that NBR Model is the best model for satisfying demand attributes in Iran.

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APA: Copy

MOHAMADZADEH, PARVIZ, Behboodi, Davood, & HEKMATI FARID, SAMAD. (2015). Comparing of Demand Systems in explaining of Iranian Urban Households consumption behaviour. TAHGHIGHAT-E-EGHTESADI, 50(1 ), 193-216. SID. https://sid.ir/paper/11794/en

Vancouver: Copy

MOHAMADZADEH PARVIZ, Behboodi Davood, HEKMATI FARID SAMAD. Comparing of Demand Systems in explaining of Iranian Urban Households consumption behaviour. TAHGHIGHAT-E-EGHTESADI[Internet]. 2015;50(1 ):193-216. Available from: https://sid.ir/paper/11794/en

IEEE: Copy

PARVIZ MOHAMADZADEH, Davood Behboodi, and SAMAD HEKMATI FARID, “Comparing of Demand Systems in explaining of Iranian Urban Households consumption behaviour,” TAHGHIGHAT-E-EGHTESADI, vol. 50, no. 1 , pp. 193–216, 2015, [Online]. Available: https://sid.ir/paper/11794/en

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