income

(redirected from Income elasticity)
Also found in: Dictionary, Medical, Legal, Financial, Encyclopedia.
Graphic Thesaurus  🔍
Display ON
Animation ON
Legend
Synonym
Antonym
Related
  • noun

Synonyms for income

Antonyms for income

References in periodicals archive ?
The income elasticity of apparel expenditures varied by season (as discussed below).
12) The income elasticity of demand is not the same as the income elasticity of WTP when quantity is fixed, as it was in these studies.
Given these differing relationships between tourist expenditures and trip motives, the income elasticity of tourist expenditures is postulated here to be relatively low with respect to motive transactions and relatively high with respect to consistent transactions.
If good 2 has a higher income elasticity of demand than good 1 there will be downward pressure on the relative price of good 1.
Changing the endowment of time will indirectly change the income elasticity of labor supply by altering full income.
To the extent that families that are sick are below their normal income levels, the estimated income elasticity will include the effects of both permanent and transitory income.
Third, we change income elasticity of demand from its baseline value of 0.
Using expenditure shares (wi=qi/ywi=qi/y), instead of the expenditures spent on i, facilitates more directly an inference of the income elasticity of demand from the curve's slope.
In light of this new evidence, in the discussion and tables that follow, I assume a taxable income elasticity of 0.
A more detailed explanation of the procedures necessary for price estimation and income elasticity are explored elsewhere by Ramos-Carbajales and colleagues (17).
The high income elasticity for the demand suggests that focus should be on raising the factors which can help in expansion of textile and clothing products in local market and marked countries.
The latest figures, trading income elasticity significantly lower than the pre-crisis period.
Given our total income elasticity estimate of spending of 0.
x] represent the income elasticity of nondurable and durable goods expenditures, respectively.
Al-Mutairi and Eltony (1995) have examined the price and income elasticity of energy demand in Kuwait and found that energy demand is price inelastic in the short-run and income elastic in the long-run.