ANALYZING THE DEMAND STRUCTURE OF CONSUMPTION GOODS AND SERVICES IN IRAN USING ALMOST IDEAL DEMAND SYSTEM (AIDS)

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MOHAMMADI H.; NOROUZI G.

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Journal: Social Welfare Year:2011 | Volume:10 | Issue:39 Page(s): 311-325

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Information Journal Paper

Title

ANALYZING THE DEMAND STRUCTURE OF CONSUMPTION GOODS AND SERVICES IN IRAN USING ALMOST IDEAL DEMAND SYSTEM (AIDS)

Author(s)

MOHAMMADI H. | NOROUZI G. | Issue Writer Certificate

Keywords

HOUSEHOLD CONSUMPTION EXPENDITURESQ3

ALMOST IDEAL DEMAND SYSTEM (AIDS)Q3

DEMAND ELASTICITYQ3

Abstract

Objective: The demand structure for five commodity groups including foods and drinks, clothing, housing, health and recreation, and educational services was analyzed based on the time series data of the HOUSEHOLD CONSUMPTION EXPENDITURES during period 1966-2007.Method: A linear approximation of almost ideal demand system (LA/AIDS) was estimated by SURE method in order to obtain demand function and elasticity.Finding: Income elasticity for all the groups were positive and more than one excepted for educational services. Furthermore, all of the own-price elasticities were negative and theoretically consistent.Conclusion: Cross price elasticities estimates indicated that health and educational services are substitutes for foods but housing and clothing are complement for it.

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APA: Copy

MOHAMMADI, H., & NOROUZI, G.. (2011). ANALYZING THE DEMAND STRUCTURE OF CONSUMPTION GOODS AND SERVICES IN IRAN USING ALMOST IDEAL DEMAND SYSTEM (AIDS). SOCIAL WELFARE, 10(39), 311-325. SID. https://sid.ir/paper/56420/en

Vancouver: Copy

MOHAMMADI H., NOROUZI G.. ANALYZING THE DEMAND STRUCTURE OF CONSUMPTION GOODS AND SERVICES IN IRAN USING ALMOST IDEAL DEMAND SYSTEM (AIDS). SOCIAL WELFARE[Internet]. 2011;10(39):311-325. Available from: https://sid.ir/paper/56420/en

IEEE: Copy

H. MOHAMMADI, and G. NOROUZI, “ANALYZING THE DEMAND STRUCTURE OF CONSUMPTION GOODS AND SERVICES IN IRAN USING ALMOST IDEAL DEMAND SYSTEM (AIDS),” SOCIAL WELFARE, vol. 10, no. 39, pp. 311–325, 2011, [Online]. Available: https://sid.ir/paper/56420/en

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