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We present a model of political budget cycles in which incumbents influence voters by targeting government spending to specific groups of voters at the expense of other voters or other expenditures. Each voter faces a signal extraction problem: being targeted with expenditure before the election...
Persistent link: https://www.econbiz.de/10012466478
dataset of weekly provincial hog prices, we employ a novel spatial network model to estimate the strength of price co …, longer geographical distances between two provinces did not weaken the strength of their price linkage. The ban broken down … spatial integration. Longer distances became a significant obstacle to spatial price linkage in the post-ban periods, implying …
Persistent link: https://www.econbiz.de/10012616589
slave price series indicates that the price of rice was the major determinant of the demand for slaves and in turn largely …
Persistent link: https://www.econbiz.de/10012471200
The purpose of this paper is to examine the relationship between the price of alcoholic beverages and the incidence of … violence is well documented, as is the negative relationship between the quantity of alcohol consumed and its price. These two … reduced form model is estimated where the probability of being a victim of violent crime is determined by the price of alcohol …
Persistent link: https://www.econbiz.de/10012471295
/15. In real terms, however, there was essentially no change in slave prices deflated either by a general consumer price index …, or the price of rice. Low Country slave prices were well above those in the West Indies and Maryland prior to the 1740s …
Persistent link: https://www.econbiz.de/10012471326
used to model multiple cessation attempts of young adults. The estimates indicate that increases in the price of cigarettes … remain smoke- free after at least one prior cessation attempt. The average price elasticity of cessation is 0.343. In …
Persistent link: https://www.econbiz.de/10012471369
a large empirical literature from the 1950's and 60's, that it is necessary to distinguish the response of price to an … two models that can potentially explain these findings. Both break the link between price and marginal cost, thereby … second is driven by firms pricing to limit non-price competition within their market …
Persistent link: https://www.econbiz.de/10012471473
cigarette price and policy-related measures to estimate smoking cessation equations for young adult males and females separately …
Persistent link: https://www.econbiz.de/10012471528
enough, however, the relative price of capital goods, an important component of the user cost of capital, has never been …
Persistent link: https://www.econbiz.de/10012471649