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Information Journal Paper

Title

INFLATION AND RURAL HOUSEHOLD SAVING (A CASE STUDY OF FARS PROVINCE)

Author(s)

PERMEH Z.  | Issue Writer Certificate 

Pages

  169-187

Keywords

LINEAR EXPENDITURES SYSTEM (LES). OWN PRICE ELASTICITYQ2

Abstract

 This paper aims at estimation of own price elasticity, CROSS PRICE ELASTICITY and elasticity of SAVING with respect to income and price in the framework of linear expenditures system (LES). Our findings show that aggregate marginal propensity to expenditure (MPC) is O.72 and MPC for beverage, fast food and tobacco products, and housing are 0.098 and 0.08 respectively. The lowest MPC belongs to flour, cereal and bread with 0.028. Calculated income elasticity of goods and services dedicate that foods (excluding beverage,- fast food and tobacco products) are necessary. Furthermore, housing, transportation, communication and entertainment are luxury goods. The price elasticity of SAVING reveals that any increase in flour and products, meat, milk and products, edible oils, fruits and vegetables, clothing and footwear will result in a decrease in the SAVING. The income elasticity of SAVING is 2.45.

Cites

References

Cite

APA: Copy

PERMEH, Z.. (2004). INFLATION AND RURAL HOUSEHOLD SAVING (A CASE STUDY OF FARS PROVINCE). IRANIAN ECONOMIC RESEARCH, 6(19), 169-187. SID. https://sid.ir/paper/2608/en

Vancouver: Copy

PERMEH Z.. INFLATION AND RURAL HOUSEHOLD SAVING (A CASE STUDY OF FARS PROVINCE). IRANIAN ECONOMIC RESEARCH[Internet]. 2004;6(19):169-187. Available from: https://sid.ir/paper/2608/en

IEEE: Copy

Z. PERMEH, “INFLATION AND RURAL HOUSEHOLD SAVING (A CASE STUDY OF FARS PROVINCE),” IRANIAN ECONOMIC RESEARCH, vol. 6, no. 19, pp. 169–187, 2004, [Online]. Available: https://sid.ir/paper/2608/en

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