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affect consumer prices, and (iii) international trade is disregarded. Results in this paper indicate that these limitations …
Persistent link: https://www.econbiz.de/10009429433
growth in revenues, TFP growth contributed 1.90 percentage points (pct. pts.); growth in output prices added 1.43 pct. pts …
Persistent link: https://www.econbiz.de/10009429437
convert estimates of capital stock into estimates of capital service flows by means of capital rental prices. Comparisons of … levels of capital input among countries require data on relative prices of capital input. We obtain relative price levels for … capital input via relative investment goods prices, taking into account the flow of capital input per unit of capital stock in …
Persistent link: https://www.econbiz.de/10009429438
differentiation will prove useful at the country level for farm produce seems likely to be misplaced. In order to raise prices, a key …
Persistent link: https://www.econbiz.de/10009429510
We design an experiment to simulate how people make agricultural production decisions under three policy scenarios, each incorporating direct payments (DPs): (a) price uncertainty without countercyclical payments (CCPs); (b) price uncertainty with CCPs; and (c) price uncertainty, CCPs, and...
Persistent link: https://www.econbiz.de/10009429539
This article examines the economic impacts of policy alternatives for addressing allocative inefficiencies among agricultural, urban, and environmental uses of federal water. The Central Valley Project Improvement Act, composed of multiple incentive-based and command-and-control policies, forms...
Persistent link: https://www.econbiz.de/10009429544
in option prices. Consumption and dividends remain smooth, and the model is consistent with salient features of …
Persistent link: https://www.econbiz.de/10008740003
restricted by federal and state laws from expanding across state lines. We examine whether bank merger prices were higher or … well as those that may provide some diversification benefits, are offered higher prices.> We find that changes in the … regulatory environment had a significant impact on bank merger activities in general, and bank merger prices in particular. For …
Persistent link: https://www.econbiz.de/10005419870
across the states for more timely evidence of a change in this relationship. We find some evidence that the elasticity of …
Persistent link: https://www.econbiz.de/10005419896
last price change. This reflects differences over time in the flexibility of prices charged by a single store for a given … substantially differs from the average of other stores. However, extreme prices typically reflect the selling store's recent nominal … adjustments rather than changes in other stores' prices. …
Persistent link: https://www.econbiz.de/10005419897