Short-run expenditure and price elasticities for agricultural commodities: The case of Greece, 1951–1983
通过估计完整的支出方程系统,分析了希腊消费者对农产品和非农产品的消费模式,发现农产品需求缺乏收入和价格弹性,而非农产品需求收入弹性较高但价格弹性较低。
The purpose of this paper is to examine consumption patterns of the Greek con-sumer for agricultural and non-agricultural commodities by estimating a com-plete system of expenditure equations. The estimated expenditure and price elasticities of demand show that demand for agricultural commodities is income and price inelastic and that for non-agricultural commodities it is income-elastic but price-inelastic. The cross-price effects, both compensated and uncompensated, appear to be strong between agricultural and non-agricultural commodities and less significant among the agri-cultural commodities by themselves. 1.