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quantities, variety and productivity. Under constant elasticity of demand, each firm prices above its average cost, yet we show … market allocations are efficient. When demand elasticities vary, market allocations are not efficient and reflect the … as a remedy to imperfect competition. Both market distortions and the impact of integration depend on two demand side …
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54 developing countries. Tariff data on agricultural and manufacturing goods are combined with household survey data on … detailed income and expenditure patterns to estimate the first-order effects of the elimination of import tariffs on household … household expenditure on average. We find overwhelming evidence of a trade-off between the income gains (losses) and the …
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taxation in the presence of household production -- Chapter 3. Income taxation with two-person households -- Chapter 4. Income … issues from a household economics perspective. A unified and integrated approach is employed to analyze optimal taxation in a … homogeneous way. The author adopts a household production approach to allow a critical understanding of the way tax policy impacts …
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microfinance on the household welfare of the target clients by observing its impact on health, education, income, expenditures and …
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own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … the quality margin and correlated measurement errors. We use Mexican household budget survey data and city-level soda … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity …
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