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Persistent link: https://www.econbiz.de/10003883517
The paper econometricaly estimates demand systems for the beer sector in Brazil. The own and cross elasticities of demand display, as a rule, the behavior predicted in theory. One can define upon a conjectural variations model developed for oligopoly, a measure of welfare loss as proportion of...
Persistent link: https://www.econbiz.de/10014108915