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In this article we show that technological parameter estimates obtained by estimating a cost function that is derivable as the dual of a production function can be biased and inconsistent if the stochastic structure of the model arises from certain types of behavioural assumptions made about...
Persistent link: https://www.econbiz.de/10005543463
This paper investigates the impact of transit on urban land markets in the highly car dependent corridors of Perth with a focus on where new fast rail transit services have recently been built. It determines people’s willingness to pay for transit access within different pedestrian catchments...
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This research examines the various approaches taken by economists and sociologists for analyzing intergenerational mobility. Social mobility models based on social classes arising from an occupational classification scheme are analysed. A test for the statistical validity of classification...
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Sociological accounts of the process of recovery from dependent drug use have emphasised the importance of the individual constructing a non-addict identity for themselves. Following Giddens we identify the process of providing a narrative of their recovery as one of the mechanisms by which...
Persistent link: https://www.econbiz.de/10008601372
Using data from a sample of households in 1994 we find that Danish household labour allocation choices are best described by a collective model in which decisions are made cooperatively. Individual preferences are similar but there are important differences due to the differences in educational...
Persistent link: https://www.econbiz.de/10008465193