Analyze the Drug Elasticity of Demand of Urban Residents through ELES Model
- VernacularTitle:用ELES模型分析城镇居民药品需求弹性
- Author:
Hangyu ZHU
;
Hai GU
- Publication Type:Journal Article
- Keywords:
Expand linear expenditure system;
Model;
Urban residents;
Drugs;
Price elasticity of demand
- From:
China Pharmacy
2001;0(09):-
- CountryChina
- Language:Chinese
-
Abstract:
OBJECTIVE:To analyze drug elasticity of demand of urban residents with quantitation.METHODS:Expand linear expenditure system(ELES)model was used to analyze sectional data of different kinds of consumption expenditure and the disposable income of urban residents in2003and to calculate the value of marginal consumption tendency,the elasticity value of demand income and the demand price.RESULTS&CONCLUSIONS:The changes of drugs price have little influence on drugs demand,for urban residents,drugs consumption belongs to necessary for life.
