Arbeitspapier
Estimating consumption and changes in stock applying micro expenditure data
The consumption of storable goods does not necessarily equal purchases during a period because of changes in stock. In many cases, we have information about expenditures only, not consumption. A method is developed to obtain an estimate of consumption and changes in stock when only expenditure data are available. In addition to expenditure data, the method requires discrete information about the utilization of available equipment complementary to the storable good in consumption. Household energy consumption is used as an illustration, applying data from the Norwegian survey of consumer expenditure.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Papers ; No. 575
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Truncated and Censored Models; Switching Regression Models
Consumer Economics: Empirical Analysis
Energy: Demand and Supply; Prices
- Thema
-
Storable goods
consumption
changes in stock
stochastic Kuhn-Tucker
Double Hurdle model
multivariate distribution
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Halvorsen, Bente
- Ereignis
-
Veröffentlichung
- (wer)
-
Statistics Norway, Research Department
- (wo)
-
Oslo
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Halvorsen, Bente
- Statistics Norway, Research Department
Entstanden
- 2009