| 词汇 | example_english_income-elasticity |
| 释义 | income elasticitycollocation in Englishmeanings of incomeand elasticityThese words are often used together. Click on the links below to explore the meanings. Or, see other collocations with income or elasticity. income noun[C or U] uk /ˈɪŋ.kʌm/ us /ˈɪn.kʌm/ money that is earned from doing work or received ... See more at income elasticity noun[U] uk /ˌi.læsˈtɪs.ə.ti/ us /ˌi.læsˈtɪs.ə.t̬i/ the ability ... See more at elasticity Examples of income elasticityThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. That estimated incomeelasticity was 0.959. This is based on the results of numerous studies on incomeelasticity of health care expenditure. From such curves we ought not to infer anything more than that the incomeelasticity of environmental improvements is positive. Second, the incomeelasticity of demand for some environmental qualities may be negative. There is no special significance of an incomeelasticity equal to one. Conceptual models show that the influence of preferences in general and the incomeelasticity in particular maybe weakened by production and abatement relations. The minor forest product is a normal good with unit elasticity; shadow incomeelasticity is equal to 0.82. Other factors, such as abatement costs or the impact of pollution on production may over-ride incomeelasticity effects on the demand for environmental quality. This paper assess the role of preferences and, in particular, the incomeelasticity of demand for environmental quality on the pollution-income path. More inelastic schedules of the marginal utility of consumption increase the incomeelasticity of demand for the environment and reduce the growth in pollution. In contrast to the effect of price on organic product demand, incomeelasticity of demand for organic products is small. Long-run incomeelasticity is 0.96 and, while still indicating inelasticity, the level of that inelasticity is less than was observed in the short run. Therefore, they did not impose a unit incomeelasticity of real money demand in the long-run. This, however, is a long way from evidence on the incomeelasticity of demand for reductions in air pollutants or other pollutants experienced. Moreover, microeconomic environmental valuation studies do not offer conclusive evidence in support of a high incomeelasticity of demand for environmental quality. When the out-of-pocket price is zero, the incomeelasticity of demand for medical care is close to zero (9). More precisely, the disposable income-taxable incomeelasticity must belong to (0.89, 1.11) in order for the model to predict the convergence region of (0.015, 0.030). The lower-case models show only preferences and will permit the direct construction of the incomeelasticity of demand in terms of the utility function. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Want to learn more? Go to the definition of income Go to the definition of elasticity See other collocations with income See other collocations with elasticity |
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