Life-cycle changes in consumption behavior: Age-specific and regional variations

Masayo Wakabayashi, Geoffrey J.D. Hewings

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish (US)
Pages (from-to)315-337
Number of pages23
JournalJournal of Regional Science
Volume47
Issue number2
DOIs
StatePublished - May 1 2007

ASJC Scopus subject areas

  • Development
  • Environmental Science (miscellaneous)

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