JOURNAL of the JAPAN RESEARCH ASSOCIATION for TEXTILE END-USES
Online ISSN : 1884-6599
Print ISSN : 0037-2072
ISSN-L : 0037-2072
Characteristics of “Income Elasticity of Price” of Clothes
Keiko IsoiHiroko MatumotoMasao ÔhasiKen Kazama
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JOURNAL FREE ACCESS

1991 Volume 32 Issue 5 Pages 225-229

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Abstract
The relation between the income elasticity of price (EP) and the characteristics of the clothes consumption was studied. The characteristics of the clothes consumption is expressed Purchased Price and quantity and the trend of the purchased quantity.
The following results were obtained and we found that EP was able to explain the distinction of each clothes as goods.
(1) There were the increase or decrease in six items of clothes among 25 items in three years.
(2) The characteristics of items were able to be explained by using the combination of the increase or decrease in the trend of quantity and the high or low value of EP.
(3) In clothes, the relation that the increase of the price introduced the decrease of the purchased quantity was introduced.
(4) If EP became higher, the purchased price rapidly increased.
(5) If EP became lower, the purchased quantity rapidly increased.
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