|
|
|
|
| |
|
| |
|
|
Avery, Brock; Boadu, Frederick O.. |
This paper reports import demand elasticities for environmental goods and services (EGS) for the world in aggregate and for six world regions. The paper involves a pooled cross-section and time-series estimation procedure and makes per capita demand for EGS a function of economic, political, and structural factors. The results show that per capita incomes, exchange rates, political and economic freedoms, and debt affect the demand for EGS. The results also show that demand for EGS is tied to the particular environmental problem facing a particular region. Exporters of EGS need to disaggregate world markets to better target products. |
Tipo: Journal Article |
Palavras-chave: Demand elasticities; Environmental goods; International trade; F18; F14. |
Ano: 2004 |
URL: http://purl.umn.edu/42895 |
| |
|
|
Olivia, Susan; Gibson, John. |
The proper design of price interventions requires consideration of equity and efficiency effects. In this paper, budget survey data from 29,000 Indonesian households are used to estimate a demand system for five energy sources, which is identified by the spatial variation in unit values (expenditures divided by quantities). We correct for the various quality and measurement error biases that result when unit values are used as proxies for market prices. The price elasticities are combined with tax and subsidy rates to calculate the marginal social cost of price changes for each item. The results suggest that even at high levels of inequality aversion there is a strong case for reducing the large subsidies on gasoline and kerosene, supporting the reforms... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Demand elasticities; Energy; Fuels; Subsidies; Unit Values; Resource /Energy Economics and Policy; D12; Q31. |
Ano: 2006 |
URL: http://purl.umn.edu/25745 |
| |
|
|
Bergtold, Jason S.; Akobundu, Eberechukwu; Peterson, Everett B.. |
This study estimates a set of unconditional own-price and expenditure elasticities across time for 49 processed food categories using scanner data and the FAST multi-stage demand system with fixed effects across time. Estimated own-price elasticities are generally much larger, in absolute terms, than previous estimates, while our expenditure elasticities are generally much lower. The use of disaggregated product groupings, scanner data, and the estimation of unconditional elasticities likely accounts for these differences. Results of the study suggest providing more disaggregate product-level demand elasticities could aid in the economic analysis of issues relating to industry competitiveness or the impact of public policy. |
Tipo: Journal Article |
Palavras-chave: Demand elasticities; Indirect separability; Processed foods; Agribusiness. |
Ano: 2004 |
URL: http://purl.umn.edu/31108 |
| |
|
|
Davis, Christopher G.; Blayney, Donald P.; Dong, Diansheng; Yen, Steven T.; Johnson, Rachel J.. |
U.S. cheese consumption has grown considerably over the last three decades. Using a censored demand model and Nielsen Homescan retail data, this study identifies price and non-price factors affecting the demand for differentiated cheese products. Own-price and expenditure elasticities for all of the cheese products are statistically significant and elastic. Results also reveal that a strong substitution relationship exists among all cheese products. Although demographic influences are generally smaller than those related to prices and expenditures, empirical findings show that household size, college educated female heads of household who are age 40 and older, residing in the South, Central, and Western regions of the United States, as well as Black heads... |
Tipo: Journal Article |
Palavras-chave: Cheese form; Cheese purchase; Demand elasticities; Demographic and economic factors; Nielsen Homescan data; Food Consumption/Nutrition/Food Safety; Marketing; C25; D12; Q11. |
Ano: 2011 |
URL: http://purl.umn.edu/104621 |
| |
|
|
|