지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2012.1
- 수록면
- 1,285 - 1,296 (12page)
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초록· 키워드
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This study investigates the effects of changes in price, total consumption expenditures and economic sitations on Korean household demands for clothing and footwear using time-series data. The clothing and footwear category was reclassified as clothing, footwear and clothing services items for the demand analysis. This study utilized the Linearized Almost Ideal Demand System (LAIDS) model to analyze household demand. The results indicate that price and total consumption expenditures are significantly related to Korean household consumption expenditure allocations for clothing and footwear items. The effects of the IMF bailout crisis in 1997 and the global financial crisis in 2008 on household expenditure shares for clothing and footwear items were very weak and statistically insignificant. All the demand elasticities were estimated with respect to total consumption expenditures and prices. Clothing was expenditure elastic (greater than one) and other items were classified as inelastic. All the own price elasticities of demands were negative (other than clothing). Through the estimations of cross price elasticity the relationships between the demands for items and other item prices were evaluated (i.e., substitutes and complements).
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참고문헌 (37)
참고문헌 신청
Barten, A. P. / 1969 / Maximum likelihood estimation of a complete system of demand equations / European Economic Review 1(1):7~73
Blanciforti, L. A. / 1986 / U.S. consumer behavior over the postwar period: An almost ideal demand system analysis / Giannini Foundation Monograph 40:7~27
Bryant, W. K. / 1990 / American consumption patterns and the price of time: A time-series analysis / The Journal of Consumer Affairs 24(2):280~306
Buse, A. / 1994 / Evaluating the linearized almost ideal demand system / American Journal of Agricultural Economics 76(4):781~793
Christensen, L. R. / 1975 / Transcendental logarithmic utility function / The American Economic Review 65(3):367~383
Blanciforti, L. A. / 1986 / U.S. consumer behavior over the postwar period: An almost ideal demand system analysis / Giannini Foundation Monograph 40:7~27
Bryant, W. K. / 1990 / American consumption patterns and the price of time: A time-series analysis / The Journal of Consumer Affairs 24(2):280~306
Buse, A. / 1994 / Evaluating the linearized almost ideal demand system / American Journal of Agricultural Economics 76(4):781~793
Christensen, L. R. / 1975 / Transcendental logarithmic utility function / The American Economic Review 65(3):367~383
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