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Registros recuperados: 11 | |
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Bar-Shira, Ziv; Finkelshtain, Israel; Simhon, Avi. |
In this paper, we adapt Burtless and Hausman's (1978) methodology in order to estimate farmer's demand for irrigation water under increasing block-rate tariffs and empirically assess its effect on aggregate demand and inter-farm allocation efficiency. This methodology overcomes the technical challenges raised by increasing block rate pricing and accounts for both observed and unobserved technological heterogeneity among farmers. Employing a micro panel data documenting irrigation levels and prices in 185 Israeli agricultural communities in the period 1992-1997 we estimate water demand elasticity at -0.3 in the short run (the effect of a price change on demand within a year of implementation) and -0.46 in the long run. We also find that, in... |
Tipo: Working or Discussion Paper |
Palavras-chave: Block-Rate Pricing; Irrigation; C13; Q15; Q28; Resource /Energy Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/14982 |
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Tchetchik, Anat; Fleischer, Aliza; Finkelshtain, Israel. |
This paper applies a discrete-choice framework with product differentiation to model the rural tourism industry in Israel and to jointly estimate the effect of lodging and farm characteristics on consumer preferences and firms' costs. The model accounts for heterogeneity in tastes and technologies and allows for unobservable product characteristics. We find evidence for technological synergy in joint production of farming and rural hospitality, but none in the demand. The differentiation in the industry is vast and is the major contributor to the price-cost margin, which averages 62%. An additional minor cause are government regulations, which restrict supply. Simulation results demonstrate the growth potential of the industry and show that the government... |
Tipo: Working or Discussion Paper |
Palavras-chave: Rural tourism; Differentiated goods; Oligopoly markup; Community/Rural/Urban Development; Q10; L11; L83. |
Ano: 2006 |
URL: http://purl.umn.edu/7178 |
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Finkelshtain, Israel; Kan, Iddo; Kislev, Yoav. |
Direct commands, market based, or combined, whichever is the government's mean of intervention, is expected to raise political lobbying and pressure. This study offers a political-economic model of an industry, which is regulated by an integrated system of both direct and market based policies. The model is used for a normative theoretical analysis and as a basis for a structural econometric framework. Exploiting a unique data set that describes the regulations of irrigation water in Israel during the mid eighties by means of quotas and prices, the political and technological parameters of the model are structurally estimated and used to assess the relative efficiency of quotas, prices and integrated regulation regimes. |
Tipo: Working or Discussion Paper |
Palavras-chave: Political Economy; Natural Resources; Water; Political Economy; D72. |
Ano: 2010 |
URL: http://purl.umn.edu/93133 |
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Fishman, Arthur; Finkelshtain, Israel; Simhon, Avi; Yacouel, Nira. |
We consider the consequences of a shared brand name such as geographical names used to identify high quality products, for the incentives of otherwise autonomous firms to invest in quality. We contend that such collective brand labels improve communication between sellers and consumers, when the scale of production is too small for individual firms to establish reputations on a stand alone basis. This has two opposing effects on member firms’ incentives to invest in quality. On the one hand, it increases investment incentives by increasing the visibility and transparency of individual member firms, which increases the return from investment in quality. On the other hand, it creates an incentive to free ride on the group’s reputation, which can lead to less... |
Tipo: Working or Discussion Paper |
Palavras-chave: Consumer/Household Economics. |
Ano: 2008 |
URL: http://purl.umn.edu/46056 |
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Registros recuperados: 11 | |
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