This study draws on a survey of urban Chinese workers in 2005 to estimate the private returns to education and estimate the income elasticity of education. Differences in the rates of return to schooling are examined between gender and between age groups. The estimated returns to schooling are found to be higher than those documented in existing studies for the mid 1980s to late 1990s. In parti...

In this paper, the subsidies accruing to owner-occupiers in the Newcastle travel-towork area (TTWA) for the period 1985-87 is examined. Data at the micro level from two building societies are used to produce estimates of the impact of mortgage-interest tax relief at source and the nontaxation of imputed rent. The overall level of subsidy is shown to have fallen through time and the greatest rel...

The separability of consumer desires is a necessary and sufficient condition for multi-stage budgeting and Collectivization is consistent of commodity where costs are allocated between edible groups using price indices and intergroup allocations are made independently of other groups. Given the high share of Citrus fruits, Cucurbits and vegetables types (29/5% percent of household food and beve...

The value of changes in mortality risk is conventionally estimated by the marginal rate of substitution between income and mortality risk—the value per statistical life (VSL). Previous estimates of the income elasticity of VSL, obtained from meta-analysis of compensating-wagedifferential studies and from contingent valuation, are typically less than one, often 0.3 to 0.5. We present new estimat...

In normative public economics it is crucial to know how fast the marginal utility of income declines as income increases. One needs this parameter for cost-benefit analysis, for optimal taxation and for the (Atkinson) measurement of inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys. Altogether, the data cover over 50 co...

OBJECTIVE During the past decades, smoking prevalence in Greece was estimated to be near or over 40%. Following a sharp fall in cigarette consumption, as shown in current data, our objective is to assess smokers' sensitivity to cigarette price and consumer income changes as well as to project health benefits of an additional tax increase. METHODS Cigarette consumption was considered as the de...

Demand theory can be applied to analyse how a human or animal consumer changes her selection of commodities within a certain budget in response to changes in price of those commodities. This change in consumption assessed over a range of prices is defined as demand elasticity. Previously, income-compensated and income-uncompensated price changes have been investigated using human and animal con...

How much to drive, and how much to use public transport, are modelled as threeand two level decisions, respectively, based on micro-data for Sweden. The choices whether to have a car, whether to drive given access to a car, and how much to drive given that the individual drives at all are then estimated using a three equation model. Also after correcting for other variables, such as income, men...