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Automobile gasoline demand can be expressed as a multiplicative function of fuel efficiency, mileage per car and car … variation in empirical estimates of the price elasticity of gasoline demand. A methodological novelty is that we use the linear … relationship between the elasticities to develop a meta-analytical estimation approach based on a system of equations. This …
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Most economists measure labor productivity based on activities conducted at places of work and do not consider leisure time in their calculations. In contrast, psychologists and sociologists argue that leisure has a positive role in the production process: leisure can improve individuals’...
Persistent link: https://www.econbiz.de/10012028864
Most economists measure labor productivity based on activities conducted at places of work and do not consider leisure time in their calculations. In contrast, psychologists and sociologists argue that leisure has a positive role in the production process: leisure can improve individuals’...
Persistent link: https://www.econbiz.de/10011908154
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This paper identifies the role of cultural diversity in explaining spatial disparities in wages and housing prices across Dutch cities, using unique individual panel data of home owners. We distinguish between the effects of interactions-based productivity, consumption amenities and sorting of...
Persistent link: https://www.econbiz.de/10013108782