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Simon Kuznets’ (1955) hypothesis that as a country develops, a natural cycle develops where inequality first increases, then decreases, has become known at the Kuznets curve. This pattern has also been applied to the environment, an ‘Environmental Kuznets curve’, showing that as...
Persistent link: https://www.econbiz.de/10014150161
This paper evaluates the impact of a policy that was implemented to reduce the energy intensity of firms in some manufacturing sectors in India, on the total factor productivity (TFP) growth of firms and on its components, scale efficiency and technical change. Using plant-level panel data on...
Persistent link: https://www.econbiz.de/10013549825
We investigate how, in temporary economic hardship, agents change their consumption of health services, and how this depends on whether the service is universally free-of-charge visits to GP's or privately co-financed dental care. We find that own expenditures for dental care decrease. The...
Persistent link: https://www.econbiz.de/10011450026
Since household consumption depends among others on income, it will be of interest to examine the change of household consumption structure due to income changes. This will be useful to supply chain management as well as policy makers. Our sample refers to Western Europe, USA and Japan during...
Persistent link: https://www.econbiz.de/10012942056
It is often claimed that technology improves product quality, which in turn increases consumption although the product price goes up. The question is if this still holds true at national level and especially after the outburst of the economic crisis. Present model hints a major problem that of...
Persistent link: https://www.econbiz.de/10012945648
This article is the first formal investigation of consumer attitudes that compares the forecasting power of the University of Michigan's Index of Consumer Sentiment and the Conference Board's Consumer Confidence Index. The authors find that measures available from the Conference Board have both...
Persistent link: https://www.econbiz.de/10012766873
Besides other things, the effect of COVID-19 pandemic is evident in income and consumption pattern of the households. Income loss, fear of infection and movement restrictions has not only altered the amount and pattern of spending but has also changed the shopping behaviour of the consumers. In...
Persistent link: https://www.econbiz.de/10013217317
While the interest in smart shopping carts is growing, both retailers and consumer groups have concerns about how real-time spending feedback will influence shopping behavior. Building on budgeting and spending theories, the authors conduct three lab and grocery store experiments, which robustly...
Persistent link: https://www.econbiz.de/10014155401
This paper studies the consumption decisions of agents who face costs of acquiring, absorbing and processing information. These consumers rationally choose to only sporadically update their information and re-compute their optimal consumption plans. In between updating dates, they remain...
Persistent link: https://www.econbiz.de/10014067853
Package size, plate shape, lighting, socializing, and variety are only a few of the environmental factors that can influence the consumption volume of food far more than most people realize. Although such environmental factors appear unrelated, they generally influence consumption volume by...
Persistent link: https://www.econbiz.de/10014029432