Divisia moments of Australian consumption |
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| Authors: | Kenneth W. Clements |
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| Affiliation: | The University of Western Australia, Nedlands, Western Australia 6009, Australia |
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| Abstract: | Quarterly Australian consumption data, 1959–1978, are used to compute Divisia price and quantity indexes, together with Divisia variances and covariances. The quantity variances tend to exceed the price variances, and the price-quantity covariances are mostly negative. Estimates of the income flexibility are also presented. |
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