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Changes in the Household-Level Demand for Postal Delivery Services from 1986 to 1994 (1996)
| Citations: | 2 - 0 self |
BibTeX
@MISC{Wolak96changesin,
author = {Frank A. Wolak},
title = {Changes in the Household-Level Demand for Postal Delivery Services from 1986 to 1994},
year = {1996}
}
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Abstract
This paper quantifies the shift in the household-level demand for postal delivery services over time and determines the extent to which it can be attributed to the appearance of alternative modes of communication and the concomitant rise in the relative price of postal delivery services. The specific questions addressed are: What are the own-price, cross-price and expenditure elasticities of household-level demand for postal delivery services and how have these magnitudes changed over time? What is the impact of the increasing penetration of home-computing technology on postal demand? What household characteristics predict differences in household-level postal demand? How has the aggregate demand for postal delivery services by U.S. households changed over this time period? The two major results to emerge from this analysis are: (1) postal price increases of the magnitude recently enacted on January 1, 1995 should lead to significant reductions in aggregate household-level expenditures...
Keyphrases
postal delivery service household-level demand household-level postal demand alternative mode significant reduction aggregate household-level expenditure concomitant rise u.s. household home-computing technology specific question major result postal demand postal price increase aggregate demand characteristic predict difference relative price expenditure elasticity time period
