Munich Personal RePEc Archive

Análisis de los Patrones de Demanda en el Sector Textil Español

Miranda-Buetas, Sara and Gracia-Raluy, Elisa (2019): Análisis de los Patrones de Demanda en el Sector Textil Español.

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Abstract

In this study we wanted to analyze the demand for textile goods (clothing and footwear) in Spain. We have considered studying the demand through an AIDS model, as well as a Rotterdam model. The model chosen that best suits the demand of this type of goods is the dynamic Rotterdam model with two delays. The direct elasticities, Marshallian as Hicksian, indicate that clothing and footwear have a normal demand. However, through the Marshallian we see that the clothes have an elastic demand, while that of the shoes is inelastic. Finally, the two goods behave as luxury and, as could be observed in the evolution of their income elasticity, this would increase with the passage of time, being especially relevant the increase after the crisis occurred in 2008.

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