Title: Nonparametric estimation of Engel curves in Greece

Authors: Panos Fousekis, Panagiotis Lazaridis

Addresses: Agricultural University of Athens, Greece. ' Agricultural University of Athens, Greece

Abstract: The objective of this paper is the empirical determination of the shape of the Engel curves in Greece. To this end, we use micro-level data from the 1993/94 Family Budget Survey, the nonparametric Nadaraya-Watson estimator, and specification tests which are consistent in the direction of general nonparametric alternatives. The empirical results suggest that the Working-Leser hypothesis provides an adequate parametric specification of the Engel curves for the nine commodities considered in the paper.

Keywords: Engel curves; Greece; nonparametric estimation; household consumption behaviour; total consumption expenditure.

DOI: 10.1504/GBER.2001.006176

Global Business and Economics Review, 2001 Vol.3 No.2, pp.272 - 286

Published online: 07 Feb 2005 *

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