IDEAS home Printed from https://ideas.repec.org/a/bla/ecorec/v57y1981i1p80-85.html
   My bibliography  Save this article

Estimation of Household Expenditure Functions:An Application of a Class of Heteroscedastic Regression Models

Author

Listed:
  • GEORGE E. BATTESE
  • BRUCE P. BONYHADY

Abstract

A class of heteroscedastic regression models is applied to the estimation of household expenditure functions using data from the 1966‐68 Macquarie University survey. Under the assumption that expenditure observations are normally distributed, the hypothesis that their variances are proportional to the squares of their expectations is investigated. In addition, the hypotheses tests derived by Amemiya (1973a) for discriminating between heteroscedastic regression models with gamma or lognormal distributions are applied to the same expenditure data.

Suggested Citation

  • George E. Battese & Bruce P. Bonyhady, 1981. "Estimation of Household Expenditure Functions:An Application of a Class of Heteroscedastic Regression Models," The Economic Record, The Economic Society of Australia, vol. 57(1), pages 80-85, March.
    • Handle: RePEc:bla:ecorec:v:57:y:1981:i:1:p:80-85
    DOI: 10.1111/j.1475-4932.1981.tb01703.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4932.1981.tb01703.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1475-4932.1981.tb01703.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. N. Podder, 1971. "Patterns of Household Consumption Expenditures in Australia," The Economic Record, The Economic Society of Australia, vol. 47(3), pages 379-398, September.
    2. repec:bla:ecorec:v:47:y:1971:i:119:p:379-98 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. McAleer, Michael, 1995. "The significance of testing empirical non-nested models," Journal of Econometrics, Elsevier, vol. 67(1), pages 149-171, May.
    2. R. A. Bewley, 1982. "On the Functional Form of Engel Curves: The Australian Household Expenditure Survey 1975–76," The Economic Record, The Economic Society of Australia, vol. 58(1), pages 82-91, March.
    3. Grignon, Julie & Vaillancourt, François, 1988. "Revenu, caractéristiques sociodémographiques et dépenses des ménages au Canada en 1978 et 1982," L'Actualité Economique, Société Canadienne de Science Economique, vol. 64(2), pages 231-250, juin.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ross A. Williams, 1978. "Wants and Working Wives: Household Demand and Saving in Australia," The Economic Record, The Economic Society of Australia, vol. 54(1), pages 32-44, April.
    2. Richardson, Robert A., 1976. "Structural Estimates Of Domestic Demand For Agricultural Products In Australia: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 44(03), pages 1-30, September.
    3. Binh Tran‐Nam & Nripesh Podder, 1992. "On the Estimation of Total Expenditure Elasticities from Derived Engel Functions with Applications to Australian Micro‐Data," The Economic Record, The Economic Society of Australia, vol. 68(2), pages 142-150, June.
    4. C. M. Young, 1975. "A Note on Demographic Influences on the Economic Contribution of Wives and Children during the Family Life Cycle," The Economic Record, The Economic Society of Australia, vol. 51(1), pages 84-92, March.
    5. A. A. Powell, 1973. "An ELES Consumption Function for the United States," The Economic Record, The Economic Society of Australia, vol. 49(3), pages 337-357, September.
    6. Francesco Mariotti & Karen Mumford & Yolanda Pena-Boquete, 2015. "Household Asset-Holding Diversification in Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 48(1), pages 43-64, March.
    7. Grignon, Julie & Vaillancourt, François, 1988. "Revenu, caractéristiques sociodémographiques et dépenses des ménages au Canada en 1978 et 1982," L'Actualité Economique, Société Canadienne de Science Economique, vol. 64(2), pages 231-250, juin.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ecorec:v:57:y:1981:i:1:p:80-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/esausea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.