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The mixed-demand model allows for very flexible specification of what should be considered endogenous and exogenous in demand system estimation. This paper introduces a revealed preference framework to analyze the mixed-demand model. The proposed methods can be used to test whether observed data...
Persistent link: https://www.econbiz.de/10013257002
The usage of the North Sea is in transition, influenced by the European blue growth strategy and the national follow-ups. Based on the principles of smart, sustainable and inclusive growth at sea, policies are formulated to stimulate growth in the existing and new maritime sectors. Creating blue...
Persistent link: https://www.econbiz.de/10014092363
We investigate the effect of technology adoption on competition by leveraging a unique dataset on production, costs, and asset characteristics for North Sea upstream oil & gas companies. Relying on heterogeneity in the geological suitability of fields and a landmark decision of the Norwegian...
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Large areas of our cities are taken by impervious areas, which reduce infiltration and increase peak flows, leading to flash floods and rendering less water for storage and use. At the same time, urban water demand is growing at an unsustainable pace. An innovative system design combining...
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We study the potential of cooperation in global emission abatements with multiple externalities. Using a two-country model without side-payments, we identify the strategic effects under different timing regimes of cooperation. We obtain a positive complementarity effect of long-term cooperation...
Persistent link: https://www.econbiz.de/10009381844