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Rationalizability, cost-rationalizability, and Afriat's efficiency index
Polisson, Matthew; Quah, John K.-H. - 2022
the context of consumer demand. In connection with these results, we interpret Afriat’s (1973) critical cost efficiency … index (CCEI) as a measure of cost (in)efficiency, in the sense that a consumer is spending more money than is required to …
Persistent link: https://www.econbiz.de/10012802989
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Why the linear utility function is a risky choice in discrete-choice experiments
Sennhauser, Michèle - 2010
for statutory social health insurance is estimated in two ways: first, using a linear utility function; and second, using … ; Preference Measurement ; Health Insurance ; Model Specification …
Persistent link: https://www.econbiz.de/10008702182
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Consumer resistance against regulation : the case of health care
Zweifel, Peter (contributor); Telser, Harry (contributor);  … - 2005
Regulation fostering Managed Care alternatives in health insurance is spreading. This work reports on an experiment … social health insurance. -- health insurance ; health care ; regulation ; preference measurement ; discrete choice …-Care type restrictions in the provision of health care. It finds that restrictions on the freedom of physician choice would …
Persistent link: https://www.econbiz.de/10002746136
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Bounds on counterfactual distributions under semi-monotonicity constraints
Boes, Stefan - 2009
This paper explores semi-monotonicity constraints in the distribution of potential outcomes, first, conditional on an instrument, and second, in terms of the response function. The imposed assumptions are strictly weaker than traditional instrumental variables assumptions and can be gainfully...
Persistent link: https://www.econbiz.de/10008695614
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Environmental innovations, local networks and internationalization
Cainelli, Giulio; Mazzanti, Massimiliano; Montresor, Sandro - 2011
This paper investigates the drivers of the environmental innovations (EI) introduced by firms in local production systems (LPS). The role of firm network relationships, agglomeration economies and internationalization strategies is analysed for a sample of 555 firms in the Emilia-Romagna region,...
Persistent link: https://www.econbiz.de/10008858128
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Spectral approach to parameter-free unit root testing
Bailey, Natalia; Giraitis, Liudas - 2015
stationarity is based on a finite number of periodograms computed at low Fourier frequencies. It is not sensitive to the selection …
Persistent link: https://www.econbiz.de/10010517695
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Global boom, local impacts : mining revenues and subnational outcomes in Peru 2007 - 2011
Zambrano, Omar; Robles, Marcos; Laos, Denisse - 2014
The relationship between the abundance of natural resources and socio-economic performance has been a main object of study in the economic development field since Adam Smith. Dominated by the verification of the so called curse of natural resource, the mainstream literature on the topic has been...
Persistent link: https://www.econbiz.de/10011286241
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Asymmetry reversals and the business cycle
Distante, Roberta; Petrella, Ivan; Santoro, Emiliano - 2013
The cross-sectional dynamics of the U.S. business cycle is examined through the lens of quantile regression models. Conditioning the quantiles of firm-level growth to different measures of technological change highlights a deep connection between counter-cyclical skewness and the transmission of...
Persistent link: https://www.econbiz.de/10009757407
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Natural resources : a blessing or a curse?
Papyrakis, Elissaios; Gerlagh, Reyer - 2003
We examine empirically the effect of natural resource abundance on economic growth. We find that natural resources have a negative impact on growth when considered in isolation, but a positive impact on growth when including in the analysis other variables such as corruption, investments,...
Persistent link: https://www.econbiz.de/10011589637
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Neoclassical convergence versus technological catch-up : a contribution for reaching a consensus
Desdoigts, Alain - 2002
New macro empirical evidence is provided to assess the relative importance of object and idea gaps in explaining the world income distribution dynamics over a benchmark period 1960-1985. Results are then extended through 1995. Formal statistical hypothesis tests allow us to discriminate between...
Persistent link: https://www.econbiz.de/10011596202