haku: @freeterm elasticities / yhteensä: 5
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| Tekijä: | Ringstad, V. Loyland, K. |
| Otsikko: | The demand for books estimated by means of consumer survey data |
| Lehti: | Journal of Cultural Economics
2006 : VOL. 30:2, p. 141-155 |
| Asiasana: | demand book trade markets incomes prices models Nordic countries Scandinavia Norway |
| Vapaa asiasana: | elasticities |
| Kieli: | eng |
| Tiivistelmä: | This paper presents results for book demand (hereafter as: b-dmd.) (schoolbooks are excluded) in Norway, obtained by means of a three-goods model (books, other cultural goods and non-cultural goods) and survey data for more than 18.000 households from the period from 1986 to 1999. Various methods of estimation are used, surprisingly providing unambiguous results. The hypotheses about the price and income sensitivity of b-dmd. are confirmed. Books turn out to be "luxury" goods. Based on calculations it is also suggested that they are quite price sensitive, being close substitutes to other cultural goods. The results for socio-demographic variables indicate that access to outlets for books, sex and age matter for b-dmd. In addition, it is found that single persons and households with small children (esp.less than 7 years) are frequent book-buyers. |
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