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In this paper we remark on the existence of a link between monetary income constraint and price elasticity of demand. This finding allows us to rewrite, and extend, the standard Engel Aggregation Condition, in terms of price elasticity, and not only with regard to income elasticity of demand
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In this paper the impact of legislation on the GDP growth rate is investigated, both before and after the great economic and financial crisis of 2007-2008. The analysis has been performed using data from the twenty Italian regions from 1995 to 2016. Using several econometric models, the most...
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