Showing 1 - 10 of 1,547
individual welfare for East Germans in the years following reunification. German reunification was unexpected and delivered a …-estimated the welfare gains immediately following reunification. The prediction error was largest for the young, the poorly educated …
Persistent link: https://www.econbiz.de/10011411452
In this paper we use Bayes estimates of a multinomial probit model with fully flexible substitution patterns to forecast consumer response to ultra-low-emission vehicles. In this empirical application of the probit Gibbs sampler, we use stated-preference data on vehicle choice from a...
Persistent link: https://www.econbiz.de/10009510145
The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...
Persistent link: https://www.econbiz.de/10010403834
The current level of competition in European commercial passenger rail markets is low and empirical data on customer preferences in intramodal competition has hardly been available, yet. Our study raises the knowledge of competition in commercial passenger rail by exploring the determinants of...
Persistent link: https://www.econbiz.de/10009295646
Consumers' health plan choices are highly persistent even though optimal plans change over time. This paper separates two sources of inertia, inattention to plan choice and switching costs. We develop a panel data model with separate attention and choice stages, linked by heterogeneity in...
Persistent link: https://www.econbiz.de/10012139521
This paper develops nonparametric methods for welfare‐analysis of economic changes in the common setting of multinomial … consumer surplus becomes path‐dependent, but Hicksian welfare remains well‐defined. We demonstrate that under completely … unrestricted preference‐heterogeneity and income‐effects, the distributions of Hicksian welfare are point‐identified from …
Persistent link: https://www.econbiz.de/10011994412
. Policymakers and donor agencies involved in sanitation programmes will typically be interested in the welfare implications of … implications of price changes for certain sanitation-related inputs. In addition, a comparison of the welfare estimates derived … provider and little attention has been paid to environmental health related inputs and welfare analyses of price changes …
Persistent link: https://www.econbiz.de/10014134138
Governments worldwide spend increasing amounts of money on policy schemes to reduce energy consumption and related carbon emissions. We investigate the actual treatment effect of energy efficiency measures and therein compare actual demand responses to technological potentials. Based on a demand...
Persistent link: https://www.econbiz.de/10011294618
Equivalence scales are routinely applied to adjust the income of households of different size and composition. Because of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation of equivalence scales have been proposed. Until now, no...
Persistent link: https://www.econbiz.de/10011764530
Analysis of household food consumption patterns and welfare requires knowledge of household demand responses to changes …
Persistent link: https://www.econbiz.de/10014519323