Income Elasticity and Economic Development Methods and
Applications is mainly concerned with methods of estimating income
elasticity. This field is connected with economic development that
can be achieved by reducing income inequality. This is highly
relevant in today's world, where the gap between rich and poor is
widening with the growth of economic development. Income Elasticity
and Economic Development Methods and Applications provides a good
example in showing how to calculate income elasticity, using a
number of methods from widely available grouped data. Some of the
techniques presented here can be used in a wide range of policy
areas in all developed, developing and under-developed countries.
Policy analysts, economists, business analysts and market
researchers will find this book very useful.
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