Please use this identifier to cite or link to this item:
|Title:||Integrating a Household Demand System in the Input-output Framework. Methodological Aspects and Modelling Implications|
|Authors:||MONGELLI IGNAZIO; NEUWAHL Frederik; RUEDA CANTUCHE JOSE|
|Citation:||Economic SystemsResearch vol. 22 no. 3 p. 201-222|
|Publisher:||Routledge - Taylor & Francis|
|ISSN:||0953-5314 print; 1469-5758 online|
|Type:||Articles in periodicals and books|
|Abstract:||In this paper we argue that an accurate representation of household consumption behaviour is central to the analysis and comparison of policy interventions addressing sustainable consumption. Therefore, we propose to extend an input¿output model with a specific household consumption model, at the core of which is a system of equations explaining the allocation of the households¿ overall expenditure across different purposes, such as buying food, the consumption of fuel for heating or electricity for cooling, education of children or travelling in terms of total expenditure and relative prices. This paper shows that the integration of a specific module for household consumption in a standard input¿output model is an improvement for the analysis of the policies aimed at altering consumer behaviour.|
|JRC Institute:||Growth and Innovation|
Files in This Item:
There are no files associated with this item.
Items in repository are protected by copyright, with all rights reserved, unless otherwise indicated.