TY - JOUR
T1 - Life-cycle changes in consumption behavior
T2 - Age-specific and regional variations
AU - Wakabayashi, Masayo
AU - Hewings, Geoffrey J.D.
N1 - Publisher Copyright:
© Blackwell Publishing, Inc. 2007.
Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2007/5/1
Y1 - 2007/5/1
N2 - While research conducted over the last two decades has pointed to the important role played by household consumption in regional economic models, little attention has been directed to the consumption impacts associated not only with income changes, but also life-cycle changes. Using Japanese data, this paper explores some of the implications of life-cycle changes on consumption behavior using a modified AIDS (Almost Ideal Demand System) estimation system. Testing is directed to differences in age-specific consumption behavior and the potential differences in consumption by age and province.
AB - While research conducted over the last two decades has pointed to the important role played by household consumption in regional economic models, little attention has been directed to the consumption impacts associated not only with income changes, but also life-cycle changes. Using Japanese data, this paper explores some of the implications of life-cycle changes on consumption behavior using a modified AIDS (Almost Ideal Demand System) estimation system. Testing is directed to differences in age-specific consumption behavior and the potential differences in consumption by age and province.
UR - http://www.scopus.com/inward/record.url?scp=34247346521&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=34247346521&partnerID=8YFLogxK
U2 - 10.1111/j.1467-9787.2007.00511.x
DO - 10.1111/j.1467-9787.2007.00511.x
M3 - Article
AN - SCOPUS:34247346521
VL - 47
SP - 315
EP - 337
JO - Journal of Regional Science
JF - Journal of Regional Science
SN - 0022-4146
IS - 2
ER -