Given actual price and income elasticities (i.e., calculated using finite difference derivatives), compute the corresponding Hicks elasticities.

calc.hicks.actual(eps, alpha.s, alpha.n, alpha.m)

Arguments

eps

Elasticity values calculated by calc.elas.actual

alpha.s

Budget fraction for staples

alpha.n

Budget fraction for nonstaples

alpha.m

Budget fraction for materials

Value

dataframe with hicks elasticities