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| Strzepek, Kenneth M.; Juana, James S.; Kirsten, Johann F.. |
| There is growing evidence that freshwater availability is declining, while competition among sectors for the withdrawal of this scarce resource is rapidly increasing,(Rosegrant et a, 2002). Therefore, the need to promote inter-sectoral water use efficiency from the demand-side management has necessitated a study to investigate the responsiveness of different productive sectors and sub-sectors to water prices. Extracting data from the GTAP and UNIDO databases and adopting the marginal productive approach by Wang and Lall (2002),and using the two-stage-least squares method, the translog production function is estimated, from which the output and price elasticities and the marginal value of water is computed for thirteen sectors. The results indicate that... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy; C21; C8; L6; L7; Q25. |
| Ano: 2006 |
URL: http://purl.umn.edu/25748 |
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| Ono, Hiroshi; Nakazato, Takuya; Davis, Colin; Alley, Wilson. |
| The end of the 1990’s saw a number of foreign automobile manufacturers become the largest shareholders in several Japanese automobile manufacturers. It seems logical to conclude that a firm only enters into a partial ownership arrangement (POA) if it is profit maximizing. However, research to date has treated POAs as if exogenous to the model. This paper develops a model that assumes POAs are determined endogenously. Data for the Japanese automobile industry are then used to investigate the factors that determine whether a firm enters into a POA, and the effects a POA has on the price-cost margin. The findings of this paper suggest that while both foreign and domestic firms take an interest in product mix when exploring POAs in the Japanese market, they... |
| Tipo: Journal Article |
Palavras-chave: Partial ownership arrangements; Price-cost margin; Technology transfers; L0; L6. |
| Ano: 2004 |
URL: http://purl.umn.edu/43555 |
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