The Flower of Paradise : Substitution or Income Effect ?
نویسنده
چکیده
The aim of this paper is to evaluate the impact of a wage increase on Qat consumption for the Djiboutian mail household head using a static framework. In particular, by using a system of simultaneous of equations with Qat consumption and Wage as endogenous variables, the paper estimates whether a wage increase will affect Qat consumption. Our findings suggest that the impact of wage on Qat consumption is positive and significant. Given the realistic assumption that the Qat is a time intensive commodity, this means that income effect (generate by a wage increase) will prevail on the substitution effect. *JEL Classification: I12, D12 *
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