Integrating a Household Demand System in the Input-output Framework. Methodological Aspects and Modelling Implications
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.
MONGELLI Ignazio;
NEUWAHL Frederik;
RUEDA CANTUCHE Jose;
2010-12-14
Routledge - Taylor & Francis
JRC61492
0953-5314 print,
1469-5758 online,
http://www.informaworld.com/smpp/title~content=t713421471,
https://publications.jrc.ec.europa.eu/repository/handle/JRC61492,
10.1080/09535314.2010.501428,
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