Midlands State University Library

Estimation of own- and cross-price elasticities using unit values: (Record no. 164330)

MARC details
000 -LEADER
fixed length control field 01819nam a22002297a 4500
003 - CONTROL NUMBER IDENTIFIER
control field ZW-GwMSU
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240314073247.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240314b |||||||| |||| 00| 0 eng d
040 ## - CATALOGING SOURCE
Original cataloging agency MSU
Language of cataloging English
Transcribing agency MSU
Description conventions rda
050 ## - LIBRARY OF CONGRESS CALL NUMBER
Classification number HC800 JOU
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Kedir, Abbi Mamo
Relator term author
245 10 - TITLE STATEMENT
Title Estimation of own- and cross-price elasticities using unit values:
Remainder of title econometric issues and evidence from urban Ethiopia
Statement of responsibility, etc. by Abbi Mamo Kedir
264 ## - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture Oxford :
Name of producer, publisher, distributor, manufacturer Oxford University Press,
Date of production, publication, distribution, manufacture, or copyright notice 2005
336 ## - CONTENT TYPE
Source rdacontent
Content type term text
Content type code txt
337 ## - MEDIA TYPE
Source rdamedia
Media type term unmediated
Media type code n
338 ## - CARRIER TYPE
Source rdacarrier
Carrier type term volume
Carrier type code nc
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE
Volume/sequential designation Volume 14, number 1
520 ## - SUMMARY, ETC.
Summary, etc. In Sub-Saharan Africa, estimation of price elasticities using budget surveys is almost non-existent. In this study, own- and cross- price elasticities have been estimated from spatial variation in prices for six food groups using the 1994 Ethiopian Urban Household Survey. Following earlier work, we relate budget shares and unit values (i.e., the ratio of total household expenditure to quantity purchased) to the logarithms of prices, incomes and other relevant household characteristics. As expected, the food commodity groups have inelastic demand but only one third of the commodity groups have statistically significant own-price elasticities. We found also the presence of complementarity and substitution between the commodities but statistically significant results were obtained only for a very few number of the food items. To test the validity of within-cluster methodology used in earlier work, our estimates have also been compared with estimates obtained using actual/market prices. Our results compare well with findings elsewhere.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Price elasticity
Form subdivision Econometric issues
General subdivision Economics
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier 10.1093/jae/ejh030
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Journal Article

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