Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Apr, 1957, Volume 25, Issue 2

Automobile Consumption, 1940-1950<239:AC1>2.0.CO;2-M
p. 239-248

Robert A. Bandeen

The consumption of a durable good, automobiles, is treated as the annual depreciation of the stock of automobiles. This consumption of automobiles is related to income by utilizing data from each state for the two years 1940 and 1950 as cross-sectional observations.

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