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the behavior of Colombian households in purchasing a new vehicle for private use, and model the performance of the demand …
Persistent link: https://www.econbiz.de/10011108302
The report provides a literature review on the topic of estimation of demand and supply elasticities. To this end, it …, using instrumental variables, adopting a recursive structure, holding demand constant, and imposing inequality constraints …
Persistent link: https://www.econbiz.de/10011110694
economic factors on the demand of such goods. In addition, heterogeneity of the demand due to different levels of consumption … has been rarely explored. The aim of this study is to analyse the heterogeneous nature of the demand for soft drinks to …, especially in households facing extreme poverty. Demand from low-consumption households is price-inelastic (-0.97) compared with …
Persistent link: https://www.econbiz.de/10011118530
differences on the result of the elasticity being calculated when compared to the case on which each on of the products is … estimates elasticity is sensibly higher as compared to the case where heterogeneity of the products is allowed based on their … sizes. The most outstanding case is for soft drinks, where elasticity has an absolute value higher than one when we analyze …
Persistent link: https://www.econbiz.de/10011112197
The aim of this paper is to study the mechanisms through which aggregate demand and income distribution affect the rate … implied by the framework employed allows to determine the influence that demand exerts on economic growth, which also depends …
Persistent link: https://www.econbiz.de/10011259165
productive capacity, on the other, it represents a component of demand. What is required for demand may not be required for … fundamentally macroeconomic nature of the demand aspect, and the fundamentally microeconomic nature of the capacity … the demand aspect of investment. The adjustment mechanism discussed earlier is based on investment reacting to positive or …
Persistent link: https://www.econbiz.de/10005260126
The recent earthquake in Japan and its impact on the Fukushima nuclear power plant is a tragic reminder of humanity’s ever growing dependence on energy for its socioeconomic development. Energy plays a central role in determining the effectiveness of economics. However, are the fundamental...
Persistent link: https://www.econbiz.de/10009228914
recent panel unit root tests. Secondly, not only is external demand an important determinant of services value added at the … state level, but this demand also emanates from all over the country rather than being concentrated in the neighbouring or …
Persistent link: https://www.econbiz.de/10009246879
The method of forecasting seasonal demand applying genetic algorithm is presented. Specific form of used demand … genetic algorithms is discussed. In the final section an example of applying proposed method to forecast real demand process …
Persistent link: https://www.econbiz.de/10009325664
The aim of this study was to empirically determine the factors that affect smallholder farmers’ demand for purchased …
Persistent link: https://www.econbiz.de/10009367973