TY - JOUR

T1 - Equivalence scales based on revealed preference consumption expenditures - the case of Germany

AU - Merz, Joachim

AU - Faik, Jürgen

PY - 1995/7/1

Y1 - 1995/7/1

N2 - Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.

AB - Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides new equivalence scales based on revealed preference consumption microdata. We concentrate on single expenditure Engel equations and on a complete demand system, the extended linear expenditure system (ELES), with all interdependencies of a full market basket. Microdata base is the newest availabe West German Income and Consumption Sample of 1983 with more than 42,000 households. Our results with differences regarding the goods' basket and household composition effects are compared to other discussed consumption, expert, and subjective based equivalence scales.

KW - Economics

UR - https://www.mendeley.com/catalogue/9ed79442-370b-30a9-b8f8-e23875516efb/

U2 - 10.1515/jbnst-1995-0405

DO - 10.1515/jbnst-1995-0405

M3 - Journal articles

VL - 214

SP - 425

EP - 447

JO - Jahrbücher für Nationalökonomie und Statistik

JF - Jahrbücher für Nationalökonomie und Statistik

SN - 0021-4027

IS - 4

ER -