Estimation and application of a complete demand system for the United Arab Emirates

Purpose – The purpose of this paper is to estimate a complete demand system for the United Arab Emirates (UAE) and use the estimates to evaluate the welfare impact of price inflation. Eight expenditure groups are considered: food, clothing, housing, furniture, transportation, medical care, recreatio...

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Veröffentlicht in:	International journal of emerging markets 2015-07, Vol.10 (3), p.329-349
Hauptverfasser:	Azzam, Azzeddine, Rettab, Belaid
Format:	Artikel
Sprache:	eng
Schlagworte:	Commodities Consumer behavior Consumer Price Index Consumers Consumption Demand Econometrics Economic models Elasticity of demand Emerging markets Environmental tax Estimates Estimation Expenditure Expenditures Food Households Inflation International business Price elasticity Price increases Pricing policies Statistical analysis Strategy Subsidies Taxes Transport United Arab Emirates Wage & price controls Welfare
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