Lars Lund
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Lars Lund: Department of Economics, Copenhagen Business School, Postal: Department of Economics, Copenhagen Business School, Solbjerg Plads 3 C, 5. sal, DK-2000 Frederiksberg, Denmark
Abstract: Real income on Bornholm is described by comparing the region with the
capital area and the country. Region specific prices are constructed for housing
expenditure and for services. Weights for these parts of household budgets and the
residual are found from panel surveys of household consumption. Relative prices of
the consumption bundle for each year in the period 1987 to 1996 are found for both
those who own there dwelling and those who rent it. Median incomes for
entrepreneurs, employees and workers are constructed. Combining data on incomes
and on relative prices gives estimates of real incomes. The result is that households of
employed persons are relatively rich on Bornholm during the period.
Keywords: Real income; Bornholm; Prices; Housing expenditure; Services; Household budgets; Denmark
JEL-codes: R51
52 pages, July 18, 1999
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