Relevant bibliographies by topics / Consumption (Economics) – Econometric models – Spain

Academic literature on the topic 'Consumption (Economics) – Econometric models – Spain'

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Published: 10 March 2023

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Journal articles on the topic "Consumption (Economics) – Econometric models – Spain"

Cuadras-Morató, Xavier, and Josep Maria Raya. "Boycott or Buycott?: Internal Politics and Consumer Choices." B.E. Journal of Economic Analysis & Policy 16, no. 1 (January 1, 2016): 185–218. http://dx.doi.org/10.1515/bejeap-2014-0111.

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Abstract Does politics affect economic relations? In particular, do political tensions significantly affect consumer choices? The main objective of the paper is to study the consequences of political conflicts between Spain and Catalonia (a region of Spain) and the subsequent boycott calls on sales of Catalan sparkling wine (cava) in the Spanish market. We use data from sales of sparkling wine in supermarkets and similar outlets. To determine with precision the boycott period we use data on the number of news on the issue that appeared in the main national Spanish daily newspapers. The results of our econometric analysis indicate that the boycott calls triggered different consumers’ reactions in different territories. While consumers in some Spanish regions followed them and reduced their purchases of Catalan cava, there was also an anti-boycott reaction of Catalan consumers which led them to increase their consumption of the product. As a consequence of this, the boycott calls had an insignificant impact at the Spanish aggregate level. These results can be rationalized by the predictions of theoretical models of boycotts that include both the free riding and animosity motives.

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Terraneo, Marco. "Households’ financial vulnerability in Southern Europe." Journal of Economic Studies 45, no. 3 (August 13, 2018): 521–42. http://dx.doi.org/10.1108/jes-08-2016-0162.

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Purpose The purpose of this paper is to analyze whether and to what extent households living in southern Europe, i.e. Greece, Portugal, Spain and Italy, experience similar conditions of financial vulnerability, considering that in comparative research these countries are often grouped together because of the substantial instability of their economies and the similarity of social and welfare model. Design/methodology/approach The authors use data from Household Finance and Consumption Survey, a quite novel data set that covers the whole balance sheet of a sample of households. The authors compute four indicators of debt burden and in order to study households’ risk of default the authors apply two-part model, which is a valuable alternative to the application of conventional regression models with zero-inflated data. Findings Analysis reveals that the burden of debts and the risk of default are very different among the four countries, in particular Spain and Portugal have the highest proportion of financially vulnerable households. Originality/value The study is one a few that have directly compared objectives indicators of households’ financial vulnerability in all Southern European countries. Moreover, the authors employ a two-part model, a valuable alternative to the application of conventional logit or linear regression models. In the first part of the model the authors estimate the probability that households suffer financial vulnerability; in the second part, the authors estimate households’ level of vulnerability only for vulnerable families.

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Hozer, Józef, and Mariusz Doszyń. "Econometric Models of Propensities." Folia Oeconomica Stetinensia 6, no. 1 (January 1, 2007): 15–25. http://dx.doi.org/10.2478/v10031-007-0008-1.

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Econometric Models of Propensities Human being is one of the most important sources of causative forces of events that assemble economical processes. Working out the effective tools that enable measurement of the impact of people on socio-economic processes is necessary in analyzing, troubleshooting and forecasting. In the article the issues of calculating propensities by means of properly specified econometrics models were presented. The definition of propensity was introduced. Questions connected with topic of propensities were presented in context of concepts promoted by Szczecin school of econometrics (pentagon of sources of causative forces, types of relationships in economics, geometric interpretation of personality, broom of events). Econometric models, useful in analyzing propensities, were classified on primary models, econometrics models of average propensities and econometrics models of marginal propensities. Connections between the models were described. Settlement of analytical shapes of characterized models was mentioned. In an empirical example the presented methods were used to analyze average and marginal propensity to consumption of alcoholic beverages and tobacco in the households of employees in manual labour positions in Poland in years 1993-2005.

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Bardin, A., and M. Sigachev. "The Green Discourse as a Type of New Left Populism." World Economy and International Relations 64, no. 11 (2020): 96–105. http://dx.doi.org/10.20542/0131-2227-2020-64-11-96-105.

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The article is devoted to comparative political analysis of environmentalist political parties and movements in the member states of the European Union. The authors study European greens with reference to the new wave of left-wing populism that originated in 2010s, and analyze the main reasons for the growing influence of ecological and left-populist parties and movements in European societies. Case studies of a number of EU member states demonstrate close and multidimensional interdependence between the green and populist discourses. The authors outline the key factors that determine this interrelation and conclude that a general left-green discourse is emerging, based on a common commitment of the corresponding political parties and movements, as well as ecological non-governmental organizations, to a post-industrial, socio-ecological approach to world development. Moreover, this discourse is influenced by the COVID 19 pandemic, which dealt a huge blow to the global and most national economies and, most importantly, to vulnerable social groups. The current “corona crisis” will inevitably deepen the social inequality, which has always served as a breeding ground for populism. The closest example is the rise of populist movements, such as Syriza (Greece) and Podemos (Spain) in the aftermath of the 2008 international financial crisis. The post-crisis reality is likely to be marked by an increasing demand for socially oriented ecologism, with the left-green responding to this request. Therefore, one can expect a new wave of populism, exploiting the inability of many governments to provide effective response to the pandemic. This new wave is likely to be characterized by the convergence of eco-social discourse with left-wing populist and even left-wing radical discourse driven by a common commitment to post-capitalism. The crisis is also likely to attract attention of wider segments of population to global problems, including social and ecological ones. This, in turn, is likely to give an impetus to new models of development, such as “responsible development”, based on the orientation toward non-material production and consumption, intellectual and creative resources, and the use of nature-friendly technologies.

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Larsen, Bodil Merethe, and Runa Nesbakken. "Household electricity end-use consumption: results from econometric and engineering models." Energy Economics 26, no. 2 (March 2004): 179–200. http://dx.doi.org/10.1016/j.eneco.2004.02.001.

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Bolkesjø, Torjus Folsland, Michael Obersteiner, and Birger Solberg. "Information technology and the newsprint demand in Western Europe: a Bayesian approach." Canadian Journal of Forest Research 33, no. 9 (September 1, 2003): 1644–52. http://dx.doi.org/10.1139/x03-083.

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This paper focuses on the impacts of new information technology on newsprint demand in a sample of West European countries (Germany, Italy, Spain, and the United Kingdom). It is hypothesized that information technology, through the ready and free availability of news content on the Internet, could induce a structural shift in the newsprint consumption pattern in these markets. Econometric analyses based on historical data for the four countries mentioned above do not yet support this hypothesis. Based on evidence from the United States, where Internet penetration is higher, and several recently published market studies, there is, however, reason to expect stagnating newsprint consumption in Western Europe. By using Bayesian demand models, we try to incorporate prior information from these market studies in the econometric analysis. A classical demand model, based solely on historical data from 1971 to 1999, is estimated for comparison with the Bayesian models. Predictions for newsprint consumption based on the Bayesian approach show lower future consumption levels than those predicted by the classical models, which are commonly used in forest product demand studies. We conclude that Bayesian models carry the potential to improve the quality of forest products demand analyses when a structural break can be expected and sufficient information on its dynamics is available.

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Leitão, Nuno Carlos. "Testing the Role of Trade on Carbon Dioxide Emissions in Portugal." Economies 9, no. 1 (February 15, 2021): 22. http://dx.doi.org/10.3390/economies9010022.

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This article considers the relationship between trade intensity, energy consumption, income per capita, and carbon dioxide emissions from 1970–2016 for the Portuguese economy. Considering the arguments of monopolistic competition, the article tests the hypotheses of trade and energy consumption on climate change. We use the autoregressive distributed lag-ARDL model, quantile regression, and cointegration models such as fully modified ordinary least squares (FMOLS), canonical cointegration regression, and dynamic ordinary least squares (DOLS) as an econometric strategy. The econometric results have support with the literature review. The variables used in this research are integrated with the first differences, as indicated by the unit root test. The empirical study proves that trade intensity contributes to environmental improvements. However, energy consumption presents a positive impact on CO2 emissions. The econometric results also demonstrated that a sustainable environmental system exists in the long run.

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Thomas, J. "Representation and Structure in Economics: The Methodology of Econometric Models of the Consumption Function." History of Political Economy 43, no. 4 (December 1, 2011): 779–81. http://dx.doi.org/10.1215/00182702-1430337.

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Rankovic, Nenad, Branko Glavonjic, Leon Oblak, and Slavica Petrovic. "Trends of wood window and door consumption in Spain, France and Germany as elements of strategy for their export from Serbia." Bulletin of the Faculty of Forestry, no. 96 (2007): 83–95. http://dx.doi.org/10.2298/gsf0796083r.

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The paper gives results of the analysis of econometric models and trends of wood window and door consumption in Spain, France and Germany in the period 2008-2012. The results of the analysis are important for the process of creating export strategy for the chosen wood products from Serbia on the markets of the chosen countries. For each of the abovementioned markets, main recommendations in view of the possibilities for wood windows and doors export from Serbia are given, as well as the recommendations for the appearance of domestic producers on each of the chosen markets.

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Moneta, Alessio. "Which structure do models represent? Representation and structure in economics: the methodology of econometric models of the consumption function." Journal of Economic Methodology 17, no. 3 (September 2010): 338–43. http://dx.doi.org/10.1080/1350178x.2010.513760.

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Dissertations / Theses on the topic "Consumption (Economics) – Econometric models – Spain"

Collado-Vindel, Maria Dolores. "Dynamic econometric models for cohort and panel data : methods and applications to life-cycle consumption." Thesis, London School of Economics and Political Science (University of London), 1994. http://etheses.lse.ac.uk/2829/.

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The purpose of this research is to analyze dynamic models for cohort and panel data, with special emphasis in the applications to life-cycle consumption. In the second chapter of the thesis we analyze the estimation of dynamic models from time-series of independent cross-sections. The population is divided in groups with fixed membership (cohorts) and the cohort sample means are used as a panel subject to measurement errors. We propose measurement error corrected estimators and we analyze their asymptotic properties. We also calculate the asymptotic biases of the non-corrected estimators to check up to what extent the measurement error correction is needed. Finally, we carry out Monte Carlo simulations to get an idea of the performance of our estimators in finite samples. The purpose of the second part is to test the life-cycle permanent income hypothesis using an unbalanced panel from the Spanish family expenditure survey. The model accounts for aggregate shocks and within period non-separability in the Euler equation among consumption goods, contrary to most of the literature in this area. The results do not indicate excess sensitivity of consumption growth to income. In the last chapter, we specify a system of nonlinear intertemporal (or Frisch) demands. Our choice of specification is based on seven criteria for such systems. These criteria are in terms of consistency with the theory, flexibility and econometric tractability. Our specification allows us to estimate a system of exact Euler equations in contrast to the usual practice in the literature. We then estimate the system on Spanish panel data. This is the first time that a Frisch demand system has been estimated on panel data. We do not reject any of the restrictions derived from theory. Our results suggest strongly that the intertemporal substitution elasticity is well determined.

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Vashi, Vidyut H. "The effect of price, advertising, and income on consumer demand : an almost ideal demand system investigation /." Diss., This resource online, 1994. http://scholar.lib.vt.edu/theses/available/etd-06062008-165751/.

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Shu, Hui. "Disequilibrium Transition of the Consumer Goods Market in China, 1954-1991." PDXScholar, 1995. https://pdxscholar.library.pdx.edu/open_access_etds/1161.

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This is an in-depth study of the structural change and transition of the Chinese consumer goods market from 1954 to 1991 using disequilibrium econometric methodology. The model for the Chinese consumer goods market is based on the Portes-Winter disequilibrium model for centrally planned economies (1980). The demand function is derived from the Houthakker-Taylor savings function. The supply function is composed of approximations to the government's long-term and short-term plans. The transaction quantity in the market is defined as the smaller of effective demand and supply. Using the traditional global fitting method, three models are evaluated: one model that assumes no structural change, and two models that assume structural change. The estimations show that the structures of the demand and supply functions of the Chinese consumer goods market have changed since the economic reform in 1980. An innovative non-parametric method of locally weighted optimization is applied to further test the variations in model parameters during the period between 1954 and 1991 without assuming explicit functional forms of demand and supply. The estimation results show that the Chinese consumer goods market fits the Portes-Winter model well in the earlier years. The results confirm that the structures of demand and supply functions have changed since the economic reform. In the late 1980's, the Chinese consumer goods market is shown to have shifted away from a pure centrally planned system. Other main conclusions of this study include, first, that chronic shortage does not exist in the Chinese consumer goods market from 1954 to 1991. Second, a rigid price level has not caused the market to be persistently in disequilibrium. Third, the classical disequilibrium model of consumer goods market in centrally planned economies does not fit the Chinese consumer goods market in the later years.

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Lee, Huey-Lin 1974. "Modelling private vehicle use in a computable general equilibrium model of Taiwan." Monash University, Centre of Policy Studies, 2002. http://arrow.monash.edu.au/hdl/1959.1/7895.

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Devaraj, Srikant. "Specification and estimation of the price responsiveness of alcohol demand| A policy analytic perspective." Thesis, Indiana University - Purdue University Indianapolis, 2016. http://pqdtopen.proquest.com/#viewpdf?dispub=10032406.

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Accurate estimation of alcohol price elasticity is important for policy analysis – e.g.., determining optimal taxes and projecting revenues generated from proposed tax changes. Several approaches to specifying and estimating the price elasticity of demand for alcohol can be found in the literature. There are two keys to policy-relevant specification and estimation of alcohol price elasticity. First, the underlying demand model should take account of alcohol consumption decisions at the extensive margin – i.e., individuals’ decisions to drink or not – because the price of alcohol may impact the drinking initiation decision and one’s decision to drink is likely to be structurally different from how much they drink if they decide to do so (the intensive margin). Secondly, the modeling of alcohol demand elasticity should yield both theoretical and empirical results that are causally interpretable. The elasticity estimates obtained from the existing two-part model takes into account the extensive margin, but are not causally interpretable.

The elasticity estimates obtained using aggregate-level models, however, are causally interpretable, but do not explicitly take into account the extensive margin. There currently exists no specification and estimation method for alcohol price elasticity that both accommodates the extensive margin and is causally interpretable. I explore additional sources of bias in the extant approaches to elasticity specification and estimation: 1) the use of logged (vs. nominal) alcohol prices; and 2) implementation of unnecessarily restrictive assumptions underlying the conventional two-part model. I propose a new approach to elasticity specification and estimation that covers the two key requirements for policy relevance and remedies all such biases. I find evidence of substantial divergence between the new and extant methods using both simulated and the real data. Such differences are profound when placed in the context of alcohol tax revenue generation.

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LOPEZ, NICOLAS Angel. "Microeconometric models of consumers demand and simulation of indirect tax reforms : an application with Spanish household data." Doctoral thesis, 1993. http://hdl.handle.net/1814/4993.

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Defence date: 13 December 1993
Examining board: Prof. Jaime Garcia, Universitat Pompeu Fabra, Barcelona ; Prof. José Gonzalez-Parámo, Universidad Complutense, Madrid ; Prof. John Micklewright, E.U.I., supervisor ; Prof. Louis Phlips, E.U.I. ; Prof. Ian Walker, University of Keele
PDF of thesis uploaded from the Library digitised archive of EUI PhD theses completed between 2013 and 2017

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"Spatial competition, product characteristics, and demand uncertainty." 2009. http://library.cuhk.edu.hk/record=b5894037.

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Wong, Ching Chuen.
Thesis (M.Phil.)--Chinese University of Hong Kong, 2009.
Includes bibliographical references (leaves 45-46).
Abstract also in Chinese.
Spatial Competition in Two-Dimensional Product Space --- p.1
Chapter 1.1 --- Introduction --- p.1
Chapter 1.2 --- First model: Ordinal characteristics --- p.5
Chapter 1.3 --- Second model: Categorical characteristics --- p.14
Chapter 1.4 --- Conclusion --- p.18
Spatial Competition with Demand Uncertainty --- p.21
Chapter 2.1 --- Introduction --- p.21
Chapter 2.2 --- Model --- p.26
Chapter 2.3 --- Revelation of market density before transportation --- p.29
Chapter 2.4 --- Revelation of market density after transportation --- p.36
Chapter 2.5 --- Perfectly informed consumers --- p.38
Chapter 2.6 --- Application: Negative externality --- p.40
Chapter 2.7 --- Conclusion --- p.42
References --- p.45

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Ackland, Robert James. "International comparisons of real income." Phd thesis, 2001. http://hdl.handle.net/1885/147407.

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"Essays on household consumption and household saving behavior of Chinese urban residents." Thesis, 2007. http://library.cuhk.edu.hk/record=b6074440.

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The first essay uses Chinese Urban Household Survey (CUHS) data from 1988 to 2003 to conduct a cohort analysis of household income, household consumption, and household saving rate, and then uses synthetic panel data to explore the determinants of household saving rate. The cohort analysis not only offers stylized patterns of age profiles on household income, household consumption, and household saving rate but also their profiles of cohort effect and age effect by decomposition work. The cohort analysis likewise tests the relation between cohort effect and productivity growth. Overall, the empirical results present a different pattern compared with other studies and also contradict with the general predictions of the standard model in the consumption theory. In investigating the determinants of household saving rate, this essay examines the roles of household income, economic growth rate, inflation rate, and demographic variables, especially from the perspective of income inequality and systematic difference among cohorts.
The second essay examines the existence of a precautionary saving motive due to labor income uncertainty, using CUHS data from 2002 to 2003. Methodologically, this essay adopts a novel method to construct the proxy for labor income uncertainty, by the ratio of infra-group dispersion conditional on the individuals' labor income determinants to labor income. The empirical results present robust evidence that labor income uncertainty negatively affects household consumption, and there exists obviously different responses to labor income uncertainty from three perspectives: between old households and young households, among different households whose household heads are in different occupations, and between households whose household heads work in the State-owned Units and their counterparts.
The third essay then attempts to explore the determinants of housing wealth and housing price by a hedonic pricing model and evaluate the housing wealth effect on household consumption behavior. For the determinants of housing wealth and housing price, this essay demonstrates that incomplete property rights depress the value of housing asset by both a theoretical model and the empirical results. Regarding housing wealth's effect on household consumption behavior, the empirical results show that the housing wealth effect is significant and that it is obviously smaller for those observations whose houses' property rights are incomplete, compared with their counterparts.
Zhou, Shaojie.
"August 2007."
Advisers: Jun Sen Zhang; Hong bin Li.
Source: Dissertation Abstracts International, Volume: 69-02, Section: A, page: 0704.
Thesis (Ph.D.)--Chinese University of Hong Kong, 2007.
Includes bibliographical references (p. 219-222).
Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Electronic reproduction. [Ann Arbor, MI] : ProQuest Information and Learning, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Electronic reproduction. Ann Arbor, MI : ProQuest dissertations and theses, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web.
Abstract in English and Chinese.
School code: 1307.

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"Endogenous time preference in small open economy models." 2004. http://library.cuhk.edu.hk/record=b5891992.

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Chan Chung Yan.
Thesis (M.Phil.)--Chinese University of Hong Kong, 2004.
Includes bibliographical references (leaves 57-59).
Abstracts in English and Chinese.
Abstract --- p.i
Acknowledgement --- p.iv
Table of Contents --- p.v
List of Figures --- p.vi
Chapter 1. --- Introduction --- p.1
Chapter 2. --- An Illustration with a Small Open Economy Model
Chapter 2.1 --- Review of Obstfeld (1990) --- p.4
Chapter 2.2 --- A Model with Socially-Determined Time Preference --- p.6
Chapter 3. --- Small Open Economy Models with Socially-Determined Time Preference --- p.15
Chapter 3.1 --- The Laursen-Metzler Effect --- p.16
Chapter 3.2 --- Exchange-Rate Dynamics --- p.21
Chapter 3.3 --- Capital Mobility and Devaluation --- p.28
Chapter 4. --- Dynamics of a Small Open Economy Model with Non-Flat Bond Curves --- p.35
Chapter 4.1 --- Downward-Sloping Bond Curve --- p.38
Chapter 4.2 --- Upward-Sloping Bond Curve --- p.38
Chapter 5. --- Investment and Saving in a Small Open Economy Model with Capital Accumulation
Chapter 5.1 --- The Model --- p.41
Chapter 5.2 --- Productivity Shocks --- p.46
Chapter 6. --- Saddle-Path Stability of a Closed Economy Growth Model --- p.49
Chapter 7. --- Conclusion --- p.54
References --- p.57
Appendix --- p.60

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Books on the topic "Consumption (Economics) – Econometric models – Spain"

Attanasio, Orazio P. Consumption demand. Cambridge, MA: National Bureau of Economic Research, 1998.

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Berg, Lennart. A quarterly consumption function for Sweden, 1970-1989. Stockholm, Sweden: Konjunkturinstitutet, 1991.

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Baker, Malcolm. The effect of dividends on consumption. Cambridge, Mass: National Bureau of Economic Research, 2006.

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Baker, Malcolm. The effect of dividends on consumption. Cambridge, MA: National Bureau of Economic Research, 2006.

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Odada, J. E. O. An aggregate consumption function for Namibia: An empirical exploration. Windhoek, Namibia: University of Namibia, Multi-disciplinary Research Consultancy Centre, Social Sciences Division, 2000.

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Black, Fischer. Mean reversion and consumption smoothing. Cambridge, MA: National Bureau of Economic Research, 1989.

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Braun, Phillip A. Time nonseparability in aggregate consumption: International evidence. Cambridge, MA: National Bureau of Economic Research, 1992.

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Dubin, Jeffrey A. Studies in consumer demand: Econometric methods applied to market data. Boston: Kluwer Academic Publishers, 1998.

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Die Entwicklung des Privaten Verbrauchs in der Bundesrepublik Deutschland: Eine theoretische und empirische Analyse. Frankfurt am Main: P. Lang, 1986.

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ʻAmūṣ, ʻAbd al-Fattāḥ. Anmāṭ al-istihlāk wa-al-mutaghayyirāt al-iqtiṣādīyah al-kullīyah fī al-buldān al-ʻArabīyah ghayr al-nafṭīyah: Al-Urdun, Lubnān, al-Maghrib, Mūrītāniyā, al-Ṣūmāl ... [Tunis]: Jāmiʻat al-Duwal al-ʻArabīyah, al-Idārah al-ʻĀmmah lil-Shuʼūn al-Iqtiṣādīyah, 1988.

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