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estimates of average derivatives in a simultaneous equations model. These ideas are illustrated using data from the Fulton Fish … market in New York City to estimate an average elasticity of wholesale demand for fresh fish. The weighting function …
Persistent link: https://www.econbiz.de/10013310025
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
construction of city-specific price and purity series that pay careful attention to the data and incorporate existing knowledge of … economic analyses of supply, demand and harms …
Persistent link: https://www.econbiz.de/10012770677
Inventories and price changes are correlated. The inverse relation is most obvious in housing where inventories build …
Persistent link: https://www.econbiz.de/10013144866
-series data for 21 EU countries from year 1998 to 2007 from various data resources. We provide strong evidence that the price gap … share of ad valorem tax in total excise tax leads to about a 4 to 5 percent increase in the price gap, with a smaller impact …
Persistent link: https://www.econbiz.de/10013139133
. In particular, we look at the frequency and magnitudes of price changes in both countries and find that the results in … 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
Fisheries. The model includes two sources of uncertainty: the resource biomass and the price of fish, and it can be used by … extended to other fish species and natural resources if the appropriate data were available …
Persistent link: https://www.econbiz.de/10012909855
We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … individual prices, and thus engage in third-degree price discrimination. Simulated prices and quantities from the model exhibit … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …
Persistent link: https://www.econbiz.de/10013039486
We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … individual prices, and thus engage in third-degree price discrimination. Simulated prices and quantities from the model exhibit … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …
Persistent link: https://www.econbiz.de/10014046479