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-term price effects between the world maize market and some Ethiopian regional markets. Using the Almost Ideal Demand System, we …"Previous studies implicitly assume uniform price-effects across regions or provinces within countries. They also do … transmission of changes in world food prices to local food prices. In this paper, we first establish evidence of regional price …
Persistent link: https://www.econbiz.de/10005037995
, robust demand functions are estimated for each of three nutrients viz. calories, protein and fats, separately for rural and … urban areas. Our results show consistently robust food price and expenditure effects. Besides, shifts in food price … consumption of calories, protein and fats over the period 1993–2004. This explanation is embedded in a standard demand theory …
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own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity … demand is just -0.2 to -0.3, so tax-induced soda price increases might cut average weights by less than one pound, which is …
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Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first …
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Exploiting a rich data set of passenger vehicle registrations in twenty U.S. metropolitan statistical areas from 1997 to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline prices affect fleet fuel economy through two channels: (1)...
Persistent link: https://www.econbiz.de/10012758243
have boosted the global demand for cocoa. However, world cocoa supply could barely keep up with demand. These processes … poverty. Our first essay helps to inform development policies of the elements involved in the global cocoa be... …
Persistent link: https://www.econbiz.de/10012795283