In this paper we propose the use of an alternative methodology to track low incomes based on Atkinson’s (1970) family of “equally distributed equivalent income” functions, which are called “general means” here. Our method of evaluating the effects of growth on poor incomes is based on a comparison of growth rates for two standards of living: the ordinary mean; and a bottom sensitive general mea...

Abstract The elasticity of taxable income is a key parameter in tax policy analysis. To examine the large variation found literature and broad elasticities, I conduct comprehensive meta-regression analysis using information from 61 studies containing 1,720 estimates. My findings reveal that estimated elasticities are not immutable parameters. They correlated with contextual factors choice empir...

This article reports on a simulation and scenario analysis of Chinese passenger vehicle growth and resulting energy demand and CO2 emissions. The model includes provincial level logistic growth functions with saturation levels representative of neighboring Asian economies, income growth measured in international dollars, and both estimated and literature-based income elasticities. Scenarios exp...

This article uses recently published time series data for the Organization for Economic Cooperation and Development countries to estimate income elasticities for health care expenditures. Several different models and alternative specifications are examined to determine the sensitivity and robustness of the estimated relationships. Income is the dominant-determinant of health care spending and l...

Abstract The paper examines the impact of trade credit on cyclical fluctuations in international trade. It provides new empirical evidence based firm-level UK and Irish data showing that exporters use more actively intensively than non-exporters. study introduces inter-firm lending into an open economy general equilibrium model with heterogeneous firms endogenous entry exports market. demonstra...