Econometrica: Mar 1973, Volume 41, Issue 2

Determination of Consumer Unit Scales

https://doi.org/0012-9682(197303)41:2<347:DOCUS>2.0.CO;2-D
p. 347-355

A. L. Nagar, Balvir Singh

This paper develops an iterative procedure for estimating "specific" and "income" consumer unit scales in Engel curve analysis. The proposed procedure is essentially a modification of the Prais and Houthakker method and is illustrated by means of a numerical example based on the Indian National Sample Survey data.
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