publication . Preprint . Article . 2000

Income Elasticity of Environmental Amenities

Maximo Rossi; Daniel Miles; Andrés Pereyra;
Open Access
  • Published: 01 Jul 2000
Abstract
In this paper we are concerned with the estimation of income elasticities of environmental amenities. The novelty is the application of econometric methods that take into account the problem of measurement errors when estimating these elasticities, which are common in microeconomic data and are not usually considered in the applied literature related with this issue. Our aim is to discuss whether the measurement error has significant effects on the elasticities. Data from the Expenditure Budget Survey of Uruguay (1996) are used.
Subjects
free text keywords: Econometric methods, Income elasticity of demand, Economics, Novelty, Microeconomics
Related Organizations

Banks, J. Blundell R and Lewbel, A. (1997) ”Quadratic Engel curves and consumer demand” The Review of Economics and Statistics, 79,9 Costa, Dora (1997), Costa Less of a Luxury: the rise of recreation since 1888 National Bureau of Economics Research #6054. [OpenAIRE]

Curiel, F. (1997) ”La elasticidad de la renta del gasto en recreacion ambiental”, manuscript, Universidad Autonoma de Barcelona.

Deaton, A. and Muellbauer, J. (1980) Economics and Consumer Behaviour, Cambridge, [OpenAIRE]

Flores, N. and Carson, R. (1995) ”The relationship between the income elasticities of demand and willingness to pay”, manuscript University of California, S. Diego.

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publication . Preprint . Article . 2000

Income Elasticity of Environmental Amenities

Maximo Rossi; Daniel Miles; Andrés Pereyra;