Quadratic Almost Ideal Demand System (QUAIDS) framework, which allows for an endogenous expenditure budget and endogenous …

of a dominant firm. A system of simultaneous equations is developed and direct estimation of the incumbent’s residual … demand function is performed by instrumenting the market price by incumbent-specific cost shifting variables as well as other … residual demand is inelastic (long run price elasticity of residual demand of -0.12). Such a level of elasticity is shown to be …

The relationship between weather and tourism demand has been widely investigated for different locations and for …-tourism relationship. More and more is being published on the relationship between weather patterns and tourism demand (see Becken, 2013 … relationship between domestic tourism demand and weather conditions, while foreign (inbound and outbound) tourism is only affected …

It has always been important to anticipate the demand for a product. To determine the demand for any product, the … sector, which is the locomotive sector for emerging countries, it is critical to anticipate housing demand and its …, and land registry cadastral directorates of the countries have focused on explaining housing demand with economic …