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来源类型Working Paper
规范类型报告
DOI10.3386/w13243
来源IDWorking 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
URLhttps://www.nber.org/papers/w13243
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/570912
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GB/T 7714
Robert T. Jensen,Nolan H. Miller. Giffen Behavior: Theory and Evidence. 2007.
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