Consumer Demand in the United States

Consumer Demand in the United States

Author: Lester D. Taylor

Publisher: Springer Science & Business Media

Published: 2009-11-25

Total Pages: 530

ISBN-13: 1441905103

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A classic treatise that defined the field of applied demand analysis, Consumer Demand in the United States: Prices, Income, and Consumption Behavior is now fully updated and expanded for a new generation. Consumption expenditures by households in the United States account for about 70% of America’s GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in price and income. Econometric estimates of price and income elasticities are obtained for an exhaustive array of goods and services using data from surveys conducted by the Bureau of Labor Statistics and aggregate consumption expenditures from the National Income and Product Accounts, providing a better understanding of consumer demand. Practical models for forecasting future price and income elasticities are also demonstrated. Fully revised with over a dozen new chapters and appendices, the book revisits the original Houthakker-Taylor models while examining new material as well, such as the use of quantile regression and the stationarity of consumer preference. It also explores the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory with psychology literature. The most comprehensive treatment of the topic to date, this volume will be an essential resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as investors and policymakers concerned with the impact of economic fluctuations.


Book Synopsis Consumer Demand in the United States by : Lester D. Taylor

Download or read book Consumer Demand in the United States written by Lester D. Taylor and published by Springer Science & Business Media. This book was released on 2009-11-25 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic treatise that defined the field of applied demand analysis, Consumer Demand in the United States: Prices, Income, and Consumption Behavior is now fully updated and expanded for a new generation. Consumption expenditures by households in the United States account for about 70% of America’s GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in price and income. Econometric estimates of price and income elasticities are obtained for an exhaustive array of goods and services using data from surveys conducted by the Bureau of Labor Statistics and aggregate consumption expenditures from the National Income and Product Accounts, providing a better understanding of consumer demand. Practical models for forecasting future price and income elasticities are also demonstrated. Fully revised with over a dozen new chapters and appendices, the book revisits the original Houthakker-Taylor models while examining new material as well, such as the use of quantile regression and the stationarity of consumer preference. It also explores the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory with psychology literature. The most comprehensive treatment of the topic to date, this volume will be an essential resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as investors and policymakers concerned with the impact of economic fluctuations.

Consumer Demand in the United States, 1929-1970

Consumer Demand in the United States, 1929-1970

Author: Hendrik S. Houthakker

Publisher: Cambridge (Mass.) : Harvard University Press

Published: 1966

Total Pages: 232

ISBN-13:

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The economic background; Problems of estimation and projection; Demand equations for individual item of expenditure; Discussion of the demand equations and projections; An additive dynamic model; Evidence from the 1960-61 household survey; The dynamics of total consuption and saving.


Book Synopsis Consumer Demand in the United States, 1929-1970 by : Hendrik S. Houthakker

Download or read book Consumer Demand in the United States, 1929-1970 written by Hendrik S. Houthakker and published by Cambridge (Mass.) : Harvard University Press. This book was released on 1966 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic background; Problems of estimation and projection; Demand equations for individual item of expenditure; Discussion of the demand equations and projections; An additive dynamic model; Evidence from the 1960-61 household survey; The dynamics of total consuption and saving.

Consumer Demand in the United States

Consumer Demand in the United States

Author: Lester D. Taylor

Publisher:

Published: 2010-04-17

Total Pages: 548

ISBN-13: 9781441905116

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Book Synopsis Consumer Demand in the United States by : Lester D. Taylor

Download or read book Consumer Demand in the United States written by Lester D. Taylor and published by . This book was released on 2010-04-17 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Harvard Economic Studies

Harvard Economic Studies

Author: Hendrik S. Houthakker

Publisher:

Published: 1970

Total Pages: 321

ISBN-13: 9780674166011

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Book Synopsis Harvard Economic Studies by : Hendrik S. Houthakker

Download or read book Harvard Economic Studies written by Hendrik S. Houthakker and published by . This book was released on 1970 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt:

100 Years of U.S. Consumer Spending

100 Years of U.S. Consumer Spending

Author:

Publisher:

Published: 2006

Total Pages: 84

ISBN-13:

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Book Synopsis 100 Years of U.S. Consumer Spending by :

Download or read book 100 Years of U.S. Consumer Spending written by and published by . This book was released on 2006 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Studies in Consumer Demand — Econometric Methods Applied to Market Data

Studies in Consumer Demand — Econometric Methods Applied to Market Data

Author: Jeffrey A. Dubin

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 306

ISBN-13: 1461556651

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Studies in Consumer Demand - Econometric Methods Applied to Market Data contains eight previously unpublished studies of consumer demand. Each study stands on its own as a complete econometric analysis of demand for a well-defined consumer product. The econometric methods range from simple regression techniques applied in the first four chapters, to the use of logit and multinomial logit models used in chapters 5 and 6, to the use of nested logit models in chapters 6 and 7, and finally to the discrete/continuous modeling methods used in chapter 8. Emphasis is on applications rather than econometric theory. In each case, enough detail is provided for the reader to understand the purpose of the analysis, the availability and suitability of data, and the econometric approach to measuring demand.


Book Synopsis Studies in Consumer Demand — Econometric Methods Applied to Market Data by : Jeffrey A. Dubin

Download or read book Studies in Consumer Demand — Econometric Methods Applied to Market Data written by Jeffrey A. Dubin and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies in Consumer Demand - Econometric Methods Applied to Market Data contains eight previously unpublished studies of consumer demand. Each study stands on its own as a complete econometric analysis of demand for a well-defined consumer product. The econometric methods range from simple regression techniques applied in the first four chapters, to the use of logit and multinomial logit models used in chapters 5 and 6, to the use of nested logit models in chapters 6 and 7, and finally to the discrete/continuous modeling methods used in chapter 8. Emphasis is on applications rather than econometric theory. In each case, enough detail is provided for the reader to understand the purpose of the analysis, the availability and suitability of data, and the econometric approach to measuring demand.

Consumer Demand in the United States

Consumer Demand in the United States

Author: Harvard University Press

Publisher:

Published: 1966

Total Pages: 0

ISBN-13: 9780674166004

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Econometrics demand study based on economic research in respect of the period from 1929 to 1970 and comprising research methodology for forecasting all items of private sector consumption expenditure in the USA. Bibliography pp. 207 to 209.


Book Synopsis Consumer Demand in the United States by : Harvard University Press

Download or read book Consumer Demand in the United States written by Harvard University Press and published by . This book was released on 1966 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Econometrics demand study based on economic research in respect of the period from 1929 to 1970 and comprising research methodology for forecasting all items of private sector consumption expenditure in the USA. Bibliography pp. 207 to 209.

Economics of Food Safety

Economics of Food Safety

Author: Julie A. Caswell

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 355

ISBN-13: 9401170762

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Public concern about the safety and healthfulness of the food supply grew markedly during the 1980s. Numerous government, academic, interest group, and media reports questioning the adequacy of the food safety regulatory system formed the basis for this increase in concern. While public concern focused most directly on pesticide residues in food, scientists emphasized the risks of illness associated with microbiological contamination of food. Much additional attention was focused on the food supply as a result of the striking consensus on dietary recommendations that emerged in the late 1980s based on increased scientific knowledge of linkages between diet and health. Relatively little research on the economic aspects of food safety and nutrition issues had been conducted up to the mid-1980s. These aspects are complex. On the consumer demand side, they include consumers' perceptions of the risks associated with particular food products, how demographic characteristics influence consumers' processing of risk information and subsequent changes in food demand behavior, and the monetary value consumers might place on changes in the risk profiles of products. The economic benefits and costs associated with current food consumption patterns are a major determinant of demand for improved food safety and dietary change through government regulation. While a more complete picture of risks, benefits, and costs has been emerging recently, much is yet unknown.


Book Synopsis Economics of Food Safety by : Julie A. Caswell

Download or read book Economics of Food Safety written by Julie A. Caswell and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public concern about the safety and healthfulness of the food supply grew markedly during the 1980s. Numerous government, academic, interest group, and media reports questioning the adequacy of the food safety regulatory system formed the basis for this increase in concern. While public concern focused most directly on pesticide residues in food, scientists emphasized the risks of illness associated with microbiological contamination of food. Much additional attention was focused on the food supply as a result of the striking consensus on dietary recommendations that emerged in the late 1980s based on increased scientific knowledge of linkages between diet and health. Relatively little research on the economic aspects of food safety and nutrition issues had been conducted up to the mid-1980s. These aspects are complex. On the consumer demand side, they include consumers' perceptions of the risks associated with particular food products, how demographic characteristics influence consumers' processing of risk information and subsequent changes in food demand behavior, and the monetary value consumers might place on changes in the risk profiles of products. The economic benefits and costs associated with current food consumption patterns are a major determinant of demand for improved food safety and dietary change through government regulation. While a more complete picture of risks, benefits, and costs has been emerging recently, much is yet unknown.

The Consumer Society

The Consumer Society

Author: Neva R. Goodwin

Publisher: Island Press

Published: 2013-04-16

Total Pages: 423

ISBN-13: 1597267902

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The developed countries, particularly the United States, consume a disproportionate share of the world's resources, yet high and rising levels of consumption do not necessarily lead to greater satisfaction, security, or well-being, even for affluent consumers.The Consumer Society provides brief summaries of the most important and influential writings on the environmental, moral, and social implications of a consumer society and consumer lifestyles. Each section consists of ten to twelve summaries of critical writings in a specific area, with an introductory essay that outlines the state of knowledge in that area and indicates where further research is needed. Sections cover: Scope and Definition Consumption in the Affluent Society Family, Gender, and Socialization The History of Consumerism Foundations of Economic Theories of Consumption Critiques and Alternatives in Economic Theory Perpetuating Consumer Culture: Media, Advertising, and Wants Creation Consumption and the Environment Globalization and Consumer Culture Visions of an Alternative This book is the second volume in the Frontier Issues in Economic Thought series, which provides surveys of the most significant writings in emergent areas of economics -- an invaluable aid in fast-growing fields where genuine new ground is being broken. The series brings together economists, sociologists, psychologists, and philosophers to develop analyses that challenge and enrich the dominant neoclassical paradigm.The Consumer Society is an essential guide to and summary of the literature of consumption and will be of interest to anyone concerned with the deeper economic, social, and ethical implications of consumerism.


Book Synopsis The Consumer Society by : Neva R. Goodwin

Download or read book The Consumer Society written by Neva R. Goodwin and published by Island Press. This book was released on 2013-04-16 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: The developed countries, particularly the United States, consume a disproportionate share of the world's resources, yet high and rising levels of consumption do not necessarily lead to greater satisfaction, security, or well-being, even for affluent consumers.The Consumer Society provides brief summaries of the most important and influential writings on the environmental, moral, and social implications of a consumer society and consumer lifestyles. Each section consists of ten to twelve summaries of critical writings in a specific area, with an introductory essay that outlines the state of knowledge in that area and indicates where further research is needed. Sections cover: Scope and Definition Consumption in the Affluent Society Family, Gender, and Socialization The History of Consumerism Foundations of Economic Theories of Consumption Critiques and Alternatives in Economic Theory Perpetuating Consumer Culture: Media, Advertising, and Wants Creation Consumption and the Environment Globalization and Consumer Culture Visions of an Alternative This book is the second volume in the Frontier Issues in Economic Thought series, which provides surveys of the most significant writings in emergent areas of economics -- an invaluable aid in fast-growing fields where genuine new ground is being broken. The series brings together economists, sociologists, psychologists, and philosophers to develop analyses that challenge and enrich the dominant neoclassical paradigm.The Consumer Society is an essential guide to and summary of the literature of consumption and will be of interest to anyone concerned with the deeper economic, social, and ethical implications of consumerism.

Consumer Demand in the United States, 1929-1970

Consumer Demand in the United States, 1929-1970

Author: Hendrik S. Houthakker

Publisher: Cambridge (Mass.) : Harvard University Press

Published: 1966

Total Pages: 232

ISBN-13:

DOWNLOAD EBOOK

The economic background; Problems of estimation and projection; Demand equations for individual item of expenditure; Discussion of the demand equations and projections; An additive dynamic model; Evidence from the 1960-61 household survey; The dynamics of total consuption and saving.


Book Synopsis Consumer Demand in the United States, 1929-1970 by : Hendrik S. Houthakker

Download or read book Consumer Demand in the United States, 1929-1970 written by Hendrik S. Houthakker and published by Cambridge (Mass.) : Harvard University Press. This book was released on 1966 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic background; Problems of estimation and projection; Demand equations for individual item of expenditure; Discussion of the demand equations and projections; An additive dynamic model; Evidence from the 1960-61 household survey; The dynamics of total consuption and saving.