An Extension of the Engel Aggregation Condition
Giuseppe Di Vita
University of Catania - Faculty of Law
May 8, 2003
Abstract:
In this paper we remark on the existence of a link between monetary income constraint and price elasticity of demand. This finding allows us to rewrite, and extend, the standard Engel Aggregation Condition, in terms of price elasticity, and not only with regard to income elasticity of demand.
Number of Pages in PDF File: 7
JEL Classification: D10, D11
Case and Teaching Paper Series
Suggested Citation
Di Vita, Giuseppe, An Extension of the Engel Aggregation Condition (May 8, 2003). Available at SSRN: http://ssrn.com/abstract=419542
