Article1987

Aggregate Consumer Behavior and Household Equivalence Scales

145 citations0/0 files storedJournal of Business and Economic Statistics

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Economics of Agriculture and Food Markets Income, Poverty, and Inequality Energy, Environment, and Transportation Policies

Abstract

This article presents estimates of household equivalence scales, broken down by demographic characteristics, of U.S. households. Separate estimates are given by family size, age of head, region, race, and urban versus rural residence. Commodity-specific scales are presented for five separate commodity groups—energy, food, consumer goods, capital services, and other services. The estimates are obtained from an econometric model of aggregate consumer behavior. The parameters of this model are estimated by combining aggregate time series and individual cross-section data.

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References

1980Economics and Consumer Behavior 1975Transcendental Logarithmic Utility Functions 1956Social Indifference Curves 1981Demographic Variables in Demand Analysis 1956The Analysis of Family Budgets 1986On Measuring Child Costs: With Applications to Poor Countries 1972Frontiers of Quantitative Economics 1979Welfare Comparisons and Equivalence Scales

Cited by

1989Household equivalence scales and welfare comparisons 1993Adult-equivalence scales and the economic implementation of interpersonal comparisons of well-being 1999Semiparametric estimates and tests of base-independent equivalence scales 1999A R EVIEW OF T ECHNICAL C HANGE IN A SSESSMENT OF C LIMATE P OLICY 2013Energy, the Environment and US Economic Growth 1993Reducing U.S. carbon dioxide emissions: an assessment of different instruments 1998Sensitivity of climate change mitigation estimates to assumptions about technical change

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