Abstract
This paper discusses whether the Extended Linear Expenditure System (ELES) is able to analyze the pattern of demand in the Jiangsu province of China, based on the household budget surveys of rural and urban areas in the Jiangsu province from 1980 to 1990. During this period, the economy of Jiangsu province grew rapidly and went through two economic waves.
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References
Guo Jianjun (1989), Analysis and Forecast of the Consumption of City Inhabitants using the Extended Linear Payment System Model, Quantitative and Technical Economics, 6, No.2, 49. (in Chinese)
Henderson, J.M. and Quandt, R.E. (1985), Microeconomic Theory, A Mathematical Approach, McGraw-Hill Book Co.
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© 1997 Springer-Verlag Berlin Heidelberg
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Hua, D. (1997). An Application of the Extended Linear Expenditure System to Pattern of Demand in the Jiangsu Province of China. In: Fang, F., Sanglier, M. (eds) Complexity and Self-Organization in Social and Economic Systems. Lecture Notes in Economics and Mathematical Systems, vol 449. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48406-3_20
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DOI: https://doi.org/10.1007/978-3-642-48406-3_20
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-62400-4
Online ISBN: 978-3-642-48406-3
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