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elasticity for supply and demand of input (the more responsive supply and demand are to changes in the price of the input), the … elasticity of supply) will yield larger volume effects in response to a certain change in price compared to a steep supply curve … direct income support or unconditional lump sum support to an industry as an example of subsidies that are not linked to …
Persistent link: https://www.econbiz.de/10010881673
Persistent link: https://www.econbiz.de/10005353287
data estimators. Results suggest that the income elasticity of demand is non constant and varies according to a country …'s income level. Higher income countries have lower income elasticities than middle and low income ones. Differences in price … elasticities are not significant across income groups. …
Persistent link: https://www.econbiz.de/10009322477
Purpose – This paper aims to measure and compare agricultural total factor productivity (TFP) growth in China and India and relates TFP growth in each country to policy milestones and investment in agricultural research. Design/methodology/approach – TFP is measured using a non-parametric...
Persistent link: https://www.econbiz.de/10009366454
-term elasticities of demand with respect to gasoline prices and income are of paramount interest in this study. In Senegal, rising food … found that short run elasticity is smaller than long-run elasticity and gasoline demand is inelastic with respect to both … price and income for both the short and long runs in Senegal. This is why researcher like Moosa posits that "this assertion …
Persistent link: https://www.econbiz.de/10010868732
Persistent link: https://www.econbiz.de/10005776305
intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the …
Persistent link: https://www.econbiz.de/10010598554
The development debate in Africa south of the Sahara is often cast as “agriculture versus nonagriculture.†Yet this view overlooks the heterogeneity within these broad sectors and the synergies between them. We estimate sectoral poverty–growth elasticities using economywide...
Persistent link: https://www.econbiz.de/10011132734
fats] to changes in income (i.e. nutrient-income elasticities) in the region. Annual time series data for 43 countries … examined using the neo-classical growth model, whilst nutrient-income elasticities are estimated based on the aggregate Engel … indicates tendency towards equalization of per capital nutrient intake in SSA countries. Also, the estimated nutrient-income …
Persistent link: https://www.econbiz.de/10011068606
Purpose – China's remarkable income growth has changed the food landscape in recent years. Chinese consumers are … with respect to household income are estimated. These estimates are then converted to nutrient elasticities to show how the … availability of nutrients varies with income based on the Engel demand relationship. Findings – The income elasticities diminish as …
Persistent link: https://www.econbiz.de/10008487437