Estimates of a system of demand equations using alternative commodity classifications of Irish data, 1953-1974
Item Type:Journal article
Citation:C. McCarthy, 'Estimates of a system of demand equations using alternative commodity classifications of Irish data, 1953-1974', Economic and Social Research Institute, Economic and Social Review, Vol. 8, No. 3, 1977, 1977, pp201-211
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The estimation of price and income elasticities for broad commodity groups has attracted a sizeable amount of attention from Irish researchers in recent years. As well as a series of single commodity studies, both from time-series and cross-sections, O'Riordan (1976) has presented a set of complete-system estimates. In this paper, a series of estimates using alternative commodity classifications is presented. The theoretical demand model employed is the Linear Expenditure System and the object of the exercise is to obtain a model suitable for the analysis of Government indirect tax revenues.
Author: McCarthy, C.
Publisher:Economic and Social Research Institute
Type of material:Journal article
Series/Report no:Economic and Social Review
Vol. 8, No. 3, 1977
Availability:Full text available