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price elasticity of demand for cannabis and implications for likely state excise and sales tax revenues. We use crowdsourced … elasticity of demand for cannabis. We use distances from growing areas to the major markets as a proxy for cost variations. We … obtain an estimate of the price elasticity of demand for cannabis of -0.418, which suggests that legalizing and taxing …
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or demand. Therefore, we test the hypothesis that the price elasticities of the global cocoa supply and demand are low …. We describe the global cocoa market with cointegration dynamic supply, demand and price submodels. Our OLS, 2SLS, and SUR … demand also falls into the extremely inelastic range: the short- and long-run estimates are -0.06 and -0.34. Based on these …
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investigate whether qualitative information about a voluntary climate labelling scheme affects the demand for milk in the short … demand was measured. Results suggest that climate labelling increased demand for medium-fat climate labelled milk by … run. In a randomized field experiment conducted in 17 retail stores in Sweden, the effects of a climate label on milk …
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own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity … demand is just -0.2 to -0.3, so tax-induced soda price increases might cut average weights by less than one pound, which is …
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In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since …-consistent demand analysis remains feasible in the presence of partially observed prices, and hence partially observed implied budget …
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