Research ArticleOpen AccessGoogle Scholar indexed
Convenient Way of Extend Linear Expenditure System Modeling without Regression
Hubei Normal University, Huangshi, China
Hubei Normal University, Huangshi, China
- 1 Hubei Normal University, Huangshi, China
- 2 Hubei Normal University, Huangshi, China
Open Journal of Statistics·Volume 05 (2015)·Pages 519–524·Published 13 October 2015·DOI10.4236/ojs.2015.56055
Copy link · social · email
Abstract
Extend Linear Expenditure System model is a collection of multiple linear models, and modeling is a clearly tedious process. The innovation of this paper is trying to find a simple way of ELES modeling, which means, in order to omit the modeling process one by one, we try to use Excel functionality to create a model workplace. As long as you replace the original sample data in the workspace, you can get the results you want.
KeywordsELES ModelOLSWLS
- Bian, S. (2014) Solution to the Problem of Urban Low Negative Incentive System of Employment-Based on “Senders” and “Negative Income Tax System”. China Soft Science, 10, 51. (In Chinese)
- Han, Z.-C., Li, X.-X. and Li, Z.-X. (2011) Comparison among the Consumption Structures of Different Income Groups of Urban Residents in Guangxi Based on ELES Model. Asian Agricultural Research, 1, 11-13.
- Chen, L.-Y. and Li, W. (2009) Changes of Consumption Expenditure of Urban and Rural Residents in Ningxia, China— Based on the Expanded Linear Expenditure System Model. Asian Agricultural Research, 1, 16-19.
- Li, T.-T., Shi, C.-L. and Zhang, A.-L. (2011) Research on Consumption Structure of Rural Residents in Gansu Province Based on ELES Model. Asian Agricultural Research, 3, 34-37.
- Stone, R. (1954) Linear Expenditure Systems and Demand Analysis: An Application to the Pattern of British Demand. The Economic Journal, 64, 511-527. http://dx.doi.org/10.2307/2227743
- Lluch, C. (1973) The Extended Linear Expenditure System. European Economic Review, 4, 21-32.
- Phlips, L. (1972) A Dynamic Version of the Linear Expenditure Model. The Review of Economics and Statistics, 54, 450-458. http://dx.doi.org/10.2307/1924573