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1998•RePEc: Research Papers in EconomicsRequires access

IMPACTS OF INCOME DISTRIBUTION ON MARKET DEMAND

Diansheng Dong, Oral Capps

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Abstract

This study develops a procedure to estimate income distribution effects on market demand. The proposed procedure contains two steps: estimation of the underlying income distribution and estimation of market demand. Empirical findings show that the income distribution effect is a significant factor in the demand for meat products.

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What this paper is about

This study develops a procedure to estimate income distribution effects on market demand. The proposed procedure contains two steps: estimation of the underlying income distribution and estimation of market demand. Empirical findings show that the income distribution effect is a significant factor in the demand for meat products.

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Available abstract

This study develops a procedure to estimate income distribution effects on market demand. The proposed procedure contains two steps: estimation of the underlying income distribution and estimation of market demand. Empirical findings show that the income distribution effect is a significant factor in the demand for meat products.

Key concepts: Economics, Income elasticity of demand, Distribution (mathematics), Estimation, Income distribution, Econometrics, Market demand schedule, Factor market

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