Engel Elasticities Derived from Lorenz and Concentration Curves: Case of Latvia
Articles
Ilze Balode
Ventspils University College, Latvia
Published 2011-12-20
https://doi.org/10.15388/LJS.2011.13922
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Keywords

Lorenz curve
concentration curve
concentration index
overall elasticity index
Engel elasticity

How to Cite

Balode I. (2011) “Engel Elasticities Derived from Lorenz and Concentration Curves: Case of Latvia”, Lithuanian Journal of Statistics, 50(1), pp. 32-38. doi: 10.15388/LJS.2011.13922.

Abstract

Using information from a household budget survey of the Central Statistical Bureau of Latvia and with thehelp of the estimation of Lorenz curves of total consumption expenditure and consumption expenditure concentration curvesof separate groups of goods, Engel elasticities, concentration indices, overall elasticity indices of twelve aggregated groups ofgoods are estimated. The results obtained are new and could be meaningfully interpreted in order to explain household behaviour.

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