The Pakistan Development Review, Vol. 29, No. 2 (Summer 1990), pp. 155-174 (20 pages) This study aims to examine the pattern of households' expenditure on fuel consumption in Pakistan using the data ...
Consumer demand models based on the concept of a representative or average consumer suffer from aggregation error. Misspecification of the underlying micro utility ...
In a new discovery, researchers from the Institute of Genetics and Developmental Biology of the Chinese Academy of Sciences ...
Wagner’s Law posits that as an economy develops, its public expenditure tends to grow at a faster rate than its gross domestic product. This phenomenon is attributed to the increasing complexity of ...