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Integrated and spatially explicit modelling of the economic value of complex environmental change and its indirect effects

Bateman, Ian; Binner, Amy; Coombes, Emma; Day, Brett; … - 2012

induced shift in land use patterns will cause secondary effects upon the water environment for which agriculture is the major … source of diffuse pollution. We model the consequent impact of changes in such pollution upon water ecology showing that … recreational benefits of water environments and these are assessed using a spatially explicit revealed preference database. Taken …

Persistent link: https://www.econbiz.de/10011379912

Does Temporary Interruption in Postsecondary Education Induce a Wage Penalty? Evidence from Canada

Fortin, Bernard; Ragued, Safa - 2016

Data from the Youth in Transition Survey reveal that almost 40% of Canadian youth who left post-secondary education in 1999 had returned two years later. This paper investigates the extent to which schooling discontinuities affect post-graduation starting real wages and whether the latter are...

Persistent link: https://www.econbiz.de/10011559586

Exports and labour demand: searching for functional structure in multi-output multi-skill technologies

Koebel, Bertrand M. - 2005

In order to simplify the representation of a technological relationship between inputs and outputs, a production unit's technology must typically satisfy some restrictive conditions, some of them being well known in the literature. This paper presents new results for aggregating labour inputs...

Persistent link: https://www.econbiz.de/10010274478

Imposing and testing curvature conditions on a Box-Cox function

Koebel, Bertrand M.; Falk, Martin; Laisney, François - 2000

We present a new method for imposing and testing concavity of a cost function using asymptotic least squares, which can easily be implemented even for cost functions which are nonlinear in parameters. We provide an illustration on the basis of a (generalized) Box-Cox cost function with six...

Persistent link: https://www.econbiz.de/10010297734

Reducing approximation error in the fourier flexible functional form

Skolrud, Tristan D. - In: Econometrics 5 (2017) 4, pp. 1-16

The Fourier Flexible form provides a global approximation to an unknown data generating process. In terms of limiting function specification error, this form is preferable to functional forms based on second-order Taylor series expansions. The Fourier Flexible form is a truncated Fourier series...

Persistent link: https://www.econbiz.de/10011995201

Using the Box-Cox transformation to approximate the shape of the relationship between CO2 emissions and GDP: A note

Conte Grand, Mariana; D'Elia, Vanesa - 2013

With CAIT WRI data for those countries which submitted quantifiable CO2 emission caps under the Copenhagen Agreement, this note supports the existence of a long run relationship between CO2 emissions and GDP in 11 of the 26 countries in our sample over the period 1980-2008. However, the...

Persistent link: https://www.econbiz.de/10010323285

What Drives Individual Health Expenditure in Switzerland?

Bilger, Marcel; Chaze, Jean-Paul - In: Swiss Journal of Economics and Statistics 144 (2008) 3, pp. 337-358

The explanatory factors of individual healthcare consumption are studied by means of healthcare expenditures from the 2000–2005 Swiss Household Income and Expenditure Survey (SHIES). In order to tackle the issues of large number of null expenditures and skewed distribution of positive...

Persistent link: https://www.econbiz.de/10011933175

Compensating Differentials in Emerging Labor and Housing Markets: Estimates of Quality of Life in Russian Cities

Berger, Mark C.; Blomquist, Glenn C.; Sabirianova … - 2003

The existence of compensating differentials in Russian labor and housing markets is examined using data from the … location-specific amenities exist in the labor and housing markets. Our estimated wage and housing value equations suggest that … conditions, after controlling for worker characteristics, occupation, industry, and economic conditions, and various housing …

Persistent link: https://www.econbiz.de/10010261613

Partial identification of willingness-to-pay using shape restrictions with an application to the value of a statistical life

Sojourner, Aaron J. - 2010

hedonic methods. Usually strong enough assumptions are made on the functional form of utility to point identify individuals …

Persistent link: https://www.econbiz.de/10010272632

The Effects of Tangible Immovable Cultural Heritage on Residential Property Values: Evidence from Lisbon, Portugal

Macdonald, Jacob; Franco, Sofia - 2015

paper examines the impact of historic amenities on residential housing prices in the city of Lisbon, Portugal. Our study is … amenities through the housing market. We develop a theoretical model to guide the empirical specification and establish a bid … price function allowing for a spatial pattern of housing prices more complex than the monocentric city model. As such the …

Persistent link: https://www.econbiz.de/10011400513

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