ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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A Price Dependent Engel Curve - A Note

A Price Dependent Engel Curve A Note Ashok Rudra Almost all the work done in this country about Engel Curve fitting to empirical observations leave out the price variable, and involve only total consumption expenditure (as a substitute for income) as the 'only' explanatory variable. This happens naturally when one-is dealing with cross-section data. Unless one is dealing with pooled time-series and cross-section data, the problem of considering the effects of price variations of a commodity does not arise.

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