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constraining the gasoline and diesel supply chains. We consider several factors that alter the elasticity of supply, including … variation in the demand for untaxed uses of diesel. In general, we find that in periods of time when the supply chain is … supply disruptions such as after major hurricanes …
Persistent link: https://www.econbiz.de/10013128885
crops to estimate the effect of crop insurance on the output and prices of the insured crops.We find that the supply of and … benefit for consumers, even when it generates a large supply response …
Persistent link: https://www.econbiz.de/10013131302
influences the supply of amenities and local public goods. Pollution, congestion, and the quality of public education are …
Persistent link: https://www.econbiz.de/10013138319
This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which we proxy with religious fractionalization. We first document religious composition and the introduction of village-level elections for a nearly nationally representative sample of...
Persistent link: https://www.econbiz.de/10013089285
suggests a bigger role for supply disruptions that restricted the ability of retailers to re-stock goods after the earthquake …
Persistent link: https://www.econbiz.de/10013075420
We present a new framework to identify demand and supply elasticities of agricultural commodities using yield shocks … using current-period shocks that give rise to exogenous shifts in supply. Supply is identified using past shocks, which … extremely inelastic, price response is muted by a significant supply response that is obscured if futures prices are not …
Persistent link: https://www.econbiz.de/10013038890
counties. We also find that this supply effect is unidirectional, with no evidence to suggest that surgeons retreat when …
Persistent link: https://www.econbiz.de/10012955447
treatment of HIV/AIDS. Many supply- and demand-side factors in sub-Saharan Africa could cause smaller than expected …
Persistent link: https://www.econbiz.de/10012956379
distributed across geographic locations, which can reproduce this stylized fact as a result of an expansion in the supply of … sustain debt. As a result, when the supply of credit increases and interest rates fall, they take on disproportionately more …
Persistent link: https://www.econbiz.de/10012936534
Incomplete product availability is an important feature of many markets; ignoring changes in availability may bias demand estimates. We study a new dataset from a wireless inventory system installed on 54 vending machines to track product availability every four hours. The data allow us to...
Persistent link: https://www.econbiz.de/10012758419