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Persistent link: https://www.econbiz.de/10004058741
The Caribbean share of the global tourism market has been declining. This study examines what is driving tourism flows …. It estimates the determinants of tourism and explores variations based on sample differences, and also constructs a … static nominal price comparison index. The paper finds that: (i) tourism arrivals and expenditure are sensitive to both price …
Persistent link: https://www.econbiz.de/10011123825
Persistent link: https://www.econbiz.de/10004159683
indicate a long-term price elasticity of energy demand between -0.3 and -0.5, which suggests that countries can reap …
Persistent link: https://www.econbiz.de/10011242222
This paper, using a six-region DSGE model of the world economy, assesses the GDP and current account implications of permanent oil supply shocks hitting the world economy at an unspecified future date. For modest-sized shocks and conventional production technologies the effects are modest. But...
Persistent link: https://www.econbiz.de/10011242343
This paper uses recent data to measure the role of income and relative prices in determining the demand for four types …
Persistent link: https://www.econbiz.de/10010769480
In the article different types of price elasticity and the features of their calculation are considered. Also the model of accounting price elasticity for a guide to future profits of the company is described.
Persistent link: https://www.econbiz.de/10010857483
economic factors on the demand of such goods. In addition, heterogeneity of the demand due to different levels of consumption … has been rarely explored. The aim of this study is to analyse the heterogeneous nature of the demand for soft drinks to …, especially in households facing extreme poverty. Demand from low-consumption households is price-inelastic (-0.97) compared with …
Persistent link: https://www.econbiz.de/10011118530
We study the residential sector electricity demand in South Korea based on aggregate monthly time series data from 2003 … electricity demand. After controlling the Underlying Energy Demand Trend (UEDT) by a Structure Time Series Model (STSM), the …
Persistent link: https://www.econbiz.de/10011183612
Abstract (english) The purpose for the present work is to show how the use of the National Household Income and Expenditure Survey (Encuesta Nacional de Ingresos y Gastos de los Hogares, ENIGH), to make cross sectional data estimations, can deliver contradictory conclusions, depending on the...
Persistent link: https://www.econbiz.de/10011112197