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Income Elasticity and Economic Development: Methods and Applications

Income Elasticity and Economic Development: Methods and Applications

Hardcover

Series: Advanced Studies in Theoretical and Applied Econometrics, Book 42

Business GeneralEconomics

ISBN10: 0387242929
ISBN13: 9780387242927
Publisher: Springer
Published: Aug 23 2005
Pages: 259
Weight: 1.18
Height: 0.84 Width: 6.46 Depth: 9.46
Language: English

Income Elasticity and Economic Development: Methods and Applications is mainly concerned with methods of estimating income elasticity. This field is connected with economic development that can be achieved by reducing income inequality. This is highly relevant in today's world, where the gap between rich and poor is widening with the growth of economic development. Income Elasticity and Economic Development: Methods and Applications provides a good example in showing how to calculate income elasticity, using a number of methods from widely available grouped data. Some of the techniques presented here can be used in a wide range of policy areas in all developed, developing and under-developed countries. Policy analysts, economists, business analysts and market researchers will find this book very useful.

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