A nutritional goods and a complete consumer demand system estimation for South Africa using actual price data

dc.contributor.authorVan Oordt, Marius Louis
dc.date.accessioned2017-01-11T05:47:48Z
dc.date.available2017-01-11T05:47:48Z
dc.date.issued2016
dc.description.abstractEmpirical analysis of South African indirect tax policy reform and the welfare consequences of such reform has been limited by a lack of reliable consumer demand system estimations. One reason for potentially unreliable demand estimations is not using actual price data in estimation. In this paper, the results of a nutritional goods demand system estimation and a complete demand system estimation are reported. Both systems were estimated with the use of the quadratic almost ideal demand system (QUAIDS) model incorporating demographic variables and using actual price and expenditure data. Subsequent to estimations, expenditure, own and cross-price elasticities of demand were calculated for both demand systems. The coefficients estimated provided largely statistical significant results and all elasticities calculated seem plausible in sign and magnitude.en_ZA
dc.description.departmentTaxationen_ZA
dc.description.librarianam2016en_ZA
dc.description.urihttp://www.sajems.org/en_ZA
dc.identifier.citationVan Oordt, ML 2016, 'A nutritional goods and a complete consumer demand system estimation for South Africa using actual price data', South African Journal of Economic and Management Sciences, vol. 19, no. 4, pp. 615-629.en_ZA
dc.identifier.issn1015-8812 (print)
dc.identifier.issn2222-3436 (online)
dc.identifier.other10.17159/2222-3436/2016/v19n4a10
dc.identifier.urihttp://hdl.handle.net/2263/58478
dc.language.isoenen_ZA
dc.publisherUniversity of Pretoria, Department of Economicsen_ZA
dc.rights© 2016 The Authors. Published under a Creative Commons Attribution Licence.en_ZA
dc.subjectIndirect taxen_ZA
dc.subjectElasticitiesen_ZA
dc.subjectSouth African indirect tax policy reformen_ZA
dc.subjectWelfare consequencesen_ZA
dc.subjectQuadratic almost ideal demand system (QUAIDS)en_ZA
dc.subjectDemand system estimationen_ZA
dc.subjectNutritional goodsen_ZA
dc.titleA nutritional goods and a complete consumer demand system estimation for South Africa using actual price dataen_ZA
dc.typeArticleen_ZA

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