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Exponential model of the Engel curve: Application within the income elasticity analysis of the Czech households’ demand for meat and meat products
exponential Engel model explicit dynamic model income demand elasticity demand for meat and meat products
2014/3/20
The paper is focused on the economic and mathematical analysis of the Engel demand model in the exponential form: q = a0 × ea1/X.Properties of this exponential model are studied with respect to its ap...