-market price spreads. This is relevant for liquefied natural gas (LNG) exports. LNG transportation capacity is limited in the short … capture part of the price spread. We proceed to develop a method to value LNG exports under conditions of endogenous … value of LNG exports from the US to Japan. Our analysis shows that when transportation costs are correctly treated as …

. Therefore, the current trend of reduction in tariffs on agricultural exports not only generates a positive welfare effect in the …

. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We … show that a rise in the survival rate causes different patterns of change in annuitization, depending on the initial … survival rate. When the initial survival rate is low (high), there is full (partial) annuitization. There is thus an inverse …

observed distribution of sales. I calibrate the model parameters that determine firm dynamics by looking at the exit rates of a …