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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13243 |
来源ID | Working Paper 13243 |
Giffen Behavior: Theory and Evidence | |
Robert T. Jensen; Nolan H. Miller | |
发表日期 | 2007-07-08 |
出版年 | 2007 |
语种 | 英语 |
摘要 | This paper provides the first real-world evidence of Giffen behavior, i.e., upward sloping demand. Subsidizing the prices of dietary staples for extremely poor households in two provinces of China, we find strong evidence of Giffen behavior for rice in Hunan, and weaker evidence for wheat in Gansu. The data provide new insight into the consumption behavior of the poor, who act as though maximizing utility subject to subsistence concerns, with both demand and calorie elasticities depending significantly, and non-linearly, on the severity of their poverty. Understanding this heterogeneity is important for the effective design of welfare programs for the poor. |
主题 | Microeconomics ; Health, Education, and Welfare ; Poverty and Wellbeing ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w13243 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570912 |
推荐引用方式 GB/T 7714 | Robert T. Jensen,Nolan H. Miller. Giffen Behavior: Theory and Evidence. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w13243.pdf(423KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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