Buoyancy and income elasticity
of state taxes in India, Artha Vijana, XX (3), 244-269.
public's income elasticity
of willingness to pay for quality water is between 0.
In other words, the Hausman test leads us to the conclusion that the assumption that OECD nations share the same short-run dynamics and long-run income elasticity
As the income elasticity
of the demand for services is greater than that of the demand for goods, the share of services in total demand increases during the process of development.
The estimated impact on GDP of a 1 per cent of GDP rise in taxes in the UK, under different assumptions on the short-run income elasticity
of consumption, is reported in table 3.
The results for the sample period from 1972 to 1991 are more encouraging where the income elasticity
for broad money is around unity and about 0.
This modification gives a smaller income elasticity
estimate and a larger wage elasticity estimate, but the estimates of [[gamma].
Using Equation (4) and population-weighted mean values, our regression results imply an income elasticity
value of 2.
And because by definition the income elasticity
of demand for a good is the ratio of the percent change in the amount demanded to the percent change in income, the estimated income elasticity
of demand for leisure time over those 24 years is 30.
where LEP is the total export volume of Chinese plywood, LUS is the US real GDP, LEPR is the real export price of Chinese plywood, a is a constant, b and c are, respectively, the income elasticity
and price elasticity of export demand, u is an error term, and t represents time.
Is the taxable income elasticity
sufficient to calculate deadweight loss?
Authorities underestimated the price and income elasticity
of demand," IOBE said in a quarterly report.