THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAIN

This paper introduces a model for the demand of books and other periodic publications (BPP) in Spain based on micro-data from household budget surveys corresponding to 2006, 2007, and 2008. The model is formulated with a truncated or censored dependent variable in which selection is made using a pro...

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Main Author: MANUEL JAÉN-GARCÍA
Format: Article
Language:Spanish
Published: Universidad Nacional de Educación a Distancia (UNED) 2014-06-01
Series:Revista Nacional de Administración
Subjects:
Online Access:https://revistas.uned.ac.cr/index.php/rna/article/view/480
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author MANUEL JAÉN-GARCÍA
author_facet MANUEL JAÉN-GARCÍA
author_sort MANUEL JAÉN-GARCÍA
collection DOAJ
description This paper introduces a model for the demand of books and other periodic publications (BPP) in Spain based on micro-data from household budget surveys corresponding to 2006, 2007, and 2008. The model is formulated with a truncated or censored dependent variable in which selection is made using a probit model that determines the possibility of whether a given item is purchased or not. Then, based on the results from the initial model, the factors that determine expenditure on BPP are identified. Alternatively, a tobit model has been used. The paper is mainly focused on identifying the price and income elasticity of demand, as well as the influence of various demographic factors such as sex and age, both on the probability of purchase as well as on the expenditure made on BPP.
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spelling doaj.art-7ba62352aa544f53b15a88ef27307ccd2022-12-21T23:27:34ZspaUniversidad Nacional de Educación a Distancia (UNED)Revista Nacional de Administración1659-49081659-49322014-06-013110.22458/rna.v3i1.480THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAINMANUEL JAÉN-GARCÍA0Department of Applied Economics. University of AlmeriaThis paper introduces a model for the demand of books and other periodic publications (BPP) in Spain based on micro-data from household budget surveys corresponding to 2006, 2007, and 2008. The model is formulated with a truncated or censored dependent variable in which selection is made using a probit model that determines the possibility of whether a given item is purchased or not. Then, based on the results from the initial model, the factors that determine expenditure on BPP are identified. Alternatively, a tobit model has been used. The paper is mainly focused on identifying the price and income elasticity of demand, as well as the influence of various demographic factors such as sex and age, both on the probability of purchase as well as on the expenditure made on BPP.https://revistas.uned.ac.cr/index.php/rna/article/view/480BOOK DEMANDEXPENDITURE ON BOOKSINCOME ELASTICITYPRICE ELASTICITY
spellingShingle MANUEL JAÉN-GARCÍA
THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAIN
Revista Nacional de Administración
BOOK DEMAND
EXPENDITURE ON BOOKS
INCOME ELASTICITY
PRICE ELASTICITY
title THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAIN
title_full THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAIN
title_fullStr THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAIN
title_full_unstemmed THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAIN
title_short THE DEMAND FOR BOOKS AND OTHER PERIODIC PUBLICATIONS IN SPAIN
title_sort demand for books and other periodic publications in spain
topic BOOK DEMAND
EXPENDITURE ON BOOKS
INCOME ELASTICITY
PRICE ELASTICITY
url https://revistas.uned.ac.cr/index.php/rna/article/view/480
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