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Persistent link: https://www.econbiz.de/10012274624
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We develop and estimate a model of supply response when transactions costs create a situation where some producers buy, others sell, and others do not participate in markets. We present two rationales for why producing households may have different relationships to the market: proportional and...
Persistent link: https://www.econbiz.de/10009397938
We develop and estimate a model of supply response when transactions costs create a situation where some producers buy, others sell, and others do not participate in markets. We present two rationales for why producing households may have different relationships to the market: proportional and...
Persistent link: https://www.econbiz.de/10005686098