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

Dieses Objekt wird bereitgestellt von:
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

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