Showing 1 - 10 of 18
feedstocks over the 2007-2022 period. We find that the biofuel mandate will increase corn price by 24%, reduce the price of … reduce the adverse impact of the mandate alone on crop prices and decrease the price of biofuels. However, they impose a …
Persistent link: https://www.econbiz.de/10012461960
This paper investigates factors that explain the large variability in the price of voluntary carbon offsets. We … estimate hedonic price functions using a variety of provider- and project-level characteristics as explanatory variables. We … certifiers, is associated with a price discount. Variables that have no effect on offset prices are the number of projects that a …
Persistent link: https://www.econbiz.de/10012463356
User sanctions influence the legal risk for participants in illegal drug markets. A change in user sanctions may change retail drug prices, depending on how it changes the legal risk to users, how it changes the legal risk to dealers, and the slope of the supply curve. Using a novel dataset with...
Persistent link: https://www.econbiz.de/10012465236
-country differences in income distributions to variations in import variety and price distributions. The theoretical predictions are … importers whose income distributions look more similar have more export partners in common and more similar import price … price distributions that look more like the world …
Persistent link: https://www.econbiz.de/10012466134
In this paper we assess the effects of the MFA/ATC using both world trade and US data after its removal. Previous literature assesses its effects while in operation. The trade data we analyze are consistent with theoretical predictions of more trade volumes, lower product prices, smaller effect...
Persistent link: https://www.econbiz.de/10012457368
The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in … improve at a rapid pace. Roughly coincident with the shift to slower price declines in the PPI, Intel -- the leading producer … provide a more accurate measure of price change since then. Our preferred hedonic index of MPU prices tracks the PPI closely …
Persistent link: https://www.econbiz.de/10012457592
Aggregate art price patterns mask a lot of underlying variation--both in the time series and in the cross- section. We … discuss relevant recent literature, and illustrate the potential of this approach through a historical study of art price … organization of the art market for long-term price trends …
Persistent link: https://www.econbiz.de/10012458227
This paper provides a model-based empirical strategy to, (i) detect the presence and gauge the magnitude of government subsidies and (ii) quantify their impact on production reallocation across countries, industry prices, costs and consumer surplus. I construct and estimate an industry model...
Persistent link: https://www.econbiz.de/10012458547
This study examines the effect of chain store entry on drug quality and prices in the retail pharmacy market in Hyderabad, India. In contrast to prevailing mom-and-pop pharmacies, chains exploit scale economies to offer high-quality drugs at lower cost. With a unique data set and a natural...
Persistent link: https://www.econbiz.de/10012458574
We study the returns to owning dry bulk cargo ships. Ship earnings exhibit a high degree of mean reversion, driven by industry participants' competitive investment responses to shifts in demand. Ship prices are far too volatile given the mean reversion in earnings. We show that high current ship...
Persistent link: https://www.econbiz.de/10012459415