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- Title
An Application of Demand Theory to Projecting New Zealand Retail Consumption.
- Authors
Court, R.H.
- Abstract
This paper is a study of retail trading in New Zealand and its object is to explain, and produce projections of, domestic consumption of certain commodity groups at the retail level, and also for all groups as a whole. The individual commodity groups, chosen on grounds of general interest, data availability and computational feasibility, are called (1) meat, (2) other food, (3) apparel, (4) household operation, and (5) miscellaneous. Point projections and tolerance limits in both `real' and current value terms are given for 1970 and 1975 for each individual group and for the aggregate of the groups. Some short-term forecasts are also given to show the possible usefulness of the projection method in this direction.
- Subjects
NEW Zealand; ECONOMIC demand; RETAIL industry
- Publication
Economic Record, 1968, Vol 44, Issue 107, p303
- ISSN
0013-0249
- Publication type
Article
- DOI
10.1111/j.1475-4932.1968.tb00122.x