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:...

Die vorliegende Studie untersucht die Zusammenhänge zwischen Erdölpreisen, Kraftstoffpreisen, verbrauchten Mengen und dem Energiesteueraufkommen. Wesentliche Ergebnisse sind, dass die verbrauchten Kraftstoffmengen mit der gesamtwirtschaftlichen Produktion und den Erdölpreisen schwanken. Vor...

It is widely recognized that the adoption of energy saving innovations can induce an increase in the usage of the corresponding technologies and thus can possibly increase energy consumption. Among other concerns is that uncertainties regarding the magnitude of this “rebound effect” can...

We estimate the price elasticity of prescription drug use in Medicare Part D, which features a non-linear price schedule due to a coverage gap. We analyze patterns of drug utilization prior to the coverage gap, where the “effective price” is higher than the actual copayment for drugs because...

Although widely studied, the residential water demand remains a controversial issue. The purpose of the current study is to investigate systematic variations across related studies using meta-analysis approach. Particularly, a meta-analytical regression is performed to assess the sensitivity of...

Increased efforts to improve urban water management are focused on demand side policies, seeking to affect the behavior of users so that a “reasonable” use of water resources is reached. In this framework the accurate characterization of water demand play a major role in obtaining sufficient...

In practice, water pricing is the main economic instrument used to discourage the wasteful use of residential water. Owing to considerations of affordability, residential water is systematically underpriced because water is essential for life. Such a low price results in water being used...

These new results imply that attempts to reduce alcohol consumption through price or tax increases will be less effective or more costly than previously claimed. </AbstractSection> Copyright Nelson; licensee Springer. 2013