{"product_id":"an-empirical-study-of-consumption-pattern-at-disaggregate-level-von-mukund-kumar","title":"An empirical Study of consumption pattern at disaggregate level","description":"\u003cp\u003eEmpirical studies on consumption patterns always  explain some important insights about consumer demand  through highlighting their changing habits and  preferences. As economic growth takes place, the  consumer's preferences change accordingly with the  increasing monetary as well as real income. A  significant increase in the per capita total consumer  expenditure (proxy for total income) has been noted  in India both at current and constant prices. This  increase in per capita income of Indian consumers  will lead them to change the consumption of food  items. However direction of change in the consumption  can only be found if we know the Engel's elasticity  for different food items for Indian consumers. The  present study makes an attempt to estimate the most  accurate Engel elasticity of food items in India by  using different demand models. The aggregate level  data often provides some misleading information about  the consumers' preferences. Therefore in present  study we have used the disaggregate level data for  estimating the Engel elasticity.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783843385367\"\u003e\u003ch3\u003eStudy of consumption pattern in India at disaggregate levels\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783843385367","offer_id":39497182773341,"sku":"9783843385367","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/12f177a4-2507-4c2c-913c-ad3d0d43adeb.jpg?v=1758260329","url":"https:\/\/shop.autorenwelt.de\/products\/an-empirical-study-of-consumption-pattern-at-disaggregate-level-von-mukund-kumar","provider":"Autorenwelt Shop","version":"1.0","type":"link"}