An econometric analysis of Engels curve: household food and clothing consumption in Turkey Cover Image

An econometric analysis of Engels curve: household food and clothing consumption in Turkey
An econometric analysis of Engels curve: household food and clothing consumption in Turkey

Author(s): Ebru Çağlayan Akay, Melek Astar
Subject(s): National Economy, Economic policy, Fiscal Politics / Budgeting
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: Engel curve; robust regression; food consumption; clothing expenditure; Turkey;

Summary/Abstract: This paper estimates models of Engel curves for two household commodities, namely food and clothing in Turkey using LAD, M and LTS regressions beside OLS. Obtain results indicate that income of both food and clothing expenditures are smaller than one, in other words both food expenditure and clothing expenditure are compulsory expenditures. In the light of the obtained information, it can be said that tax applications on compulsory expenditures that mean vital needs shall be in a way that will impact the low income groups less.

  • Issue Year: 59/2012
  • Issue No: 1
  • Page Range: 317-323
  • Page Count: 7
  • Language: English