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Price and Income Elasticities of Charitable Giving: How Should Income Be Measured?University of Colorado at Colorado Springs The sensitivity of price and income elasticities to alternative measurements of income is tested using ordinary least squares regresscon techniques on a sample of income tax itemizers. Price elasticity was found to be much more sensitive to changes in income measurement than was income elasticity. Of three specifications examined, only one showed price elasticity clearly exceeding unity.
Public Finance Review, Vol. 21, No. 2,
196-209 (1993) |
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