Showing 1 - 6 of 6
The findings in the recent energy economic literature that energy economic variables are non-stationary, heve led to an implicit or explicit dismissal of the standard autoregressive distributed lag (ARDL) model in estimating energy demand relationships. However, Pesaran and Shin (1997) show that...
Persistent link: https://www.econbiz.de/10005641339
The purpose of this paper is to analyse the demand for French wine in Denmark with focus on the question of whether the nuclear tests had any effects on the Danish import of French Wine.
Persistent link: https://www.econbiz.de/10005780991
The purpose of this paper is to test Becker and Murphy's (1988) rational addiction model on (35 years of) time series data on alcohol consumption in each of the four Nordic countries: Denmark, Finland, Norway and Sweden. The empirical relevance of rational addiction theory is assessed by...
Persistent link: https://www.econbiz.de/10005641340
Since the 1970s almost all OECD countries have published projections or forecasts of future energy consumption. By now, three decades later, the actual values of energy consumption are available for the same number of countries and thus a considerable amount of empirical data is available...
Persistent link: https://www.econbiz.de/10005641347
The paper deals with alcohol consumption in Denmark, Norway and sweden during the last three decades. The regimes in these countries have been significantly different with regard to taxation of pricing and access to buy alcohol.
Persistent link: https://www.econbiz.de/10005641348
In this paper we analyse the impact of public R&D on private sector output. It is argued that public research expenditures will increase the input supply in private R&D and accordingly enlarge business sector output. We test the model on danish time series data over period 1973 to 1995.
Persistent link: https://www.econbiz.de/10005671694