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During the last decade changes have taken place in the structure of the expenditure of the Uruguayan households. In particular, the expenditure in health care raised and diversified. Using data from income and expenditure survey (Encuesta de Gastos e Ingresos 1994-95, Instituto Nacional de...
Persistent link: https://www.econbiz.de/10005518340
In environmental literature there has been an increasing interest on analyzing the income elasticity of environmental amenities, and particularly, of the willingness to pay for an environmental improvement (see Kristrom and Riera, 1996). In this paper we are only concerned with estimating the...
Persistent link: https://www.econbiz.de/10005292543
In this paper we are concerned with the estimation of income elasticities of environmental amenities. The novelty is the application of econometric methods that take into account the problem of measurement errors when estimating these elasticities, which are common in microeconomic data and are...
Persistent link: https://www.econbiz.de/10005481494
During the last decade changes have taken place in the structure of the expenditure of the Uruguayan households. In particular, the expenditure in health care raised and diversified. Using data from income and expenditure survey (Encuesta de Gastos e Ingresos 1994-1995, Instituto Nacional de...
Persistent link: https://www.econbiz.de/10008616829
Persistent link: https://www.econbiz.de/10001669726
Persistent link: https://www.econbiz.de/10001721949
Persistent link: https://www.econbiz.de/10006128256
In road concessions – where the effort of the concessionaire cannot increase the demand for infrastructure – it is better not to allocate risk of demand into the concessionaire. Engel et. al. (1997) introduced variable term concessions in order to mitigate risk of demand allocated to the...
Persistent link: https://www.econbiz.de/10005292537
This paper presents a case of public – private partnership in road provision in Uruguay. It is a concession where the concessionaire is public owned with a contract so called of present value of expenditure. This scheme is a good solution in a country where people reject private ownership of...
Persistent link: https://www.econbiz.de/10005292541
Uruguay began a general regulatory reform in the 90s. Regarding the telecommunication sector, the main aspect of the reform was the opening up of the mobile market to competition. The auction designed followed the basic idea that had been developed in the American mobile auctions (1994), and...
Persistent link: https://www.econbiz.de/10005292547