LIFE‐CYCLE CHANGES IN CONSUMPTION BEHAVIOR: AGE‐SPECIFIC AND REGIONAL VARIATIONS*
利用日本数据,通过修正的几乎理想需求系统估计,研究了生命周期变化对消费行为的影响,并检验了不同年龄和省份的消费差异。
ABSTRACT: While research conducted over the last two decades has pointed to the important role played by household consumption in regional economic models, little attention has been directed to the consumption impacts associated not only with income changes, but also life‐cycle changes. Using Japanese data, this paper explores some of the implications of life‐cycle changes on consumption behavior using a modified AIDS (Almost Ideal Demand System) estimation system. Testing is directed to differences in age‐specific consumption behavior and the potential differences in consumption by age and province.