The extensive empirical literature on the validity of Gibrat’s law does not in general verify the law as it finds that firms’ growth rates are negatively correlated with both firm size and age. However, some studies find that Gibrat’s law holds for sub-samples of firms such as large firms...

This paper analyses the retail prices of champagnes sold in the Scandinavian countries. Price data for the champagnes contain nearly 380 observations including a range of quality attributes of each champagne. The empirical part of the analysis reveals that the retail prices of champagne can be...

This paper deals with an empirical analysis of international trade data from EUROSTAT where the export of red wine from France, Italy and Spain - to Belgium, Denmark, Japan, The Netherlands, UK and USA - is investigated. Using monthly data from 1993:1 to 1998:12, trade flows, measured in...

Traditionally, the Scandinavian countries have been characterized as spirits and beer consuming countries and a century ago the historical background was decades of relatively heavy drinking behaviour with spirit as the preferred beverage. Therefore, it might be expected that alcohol consumption...

Two decades have passed now since the oil price shocks of the 1970s and since then <p> energy prices have - apart from short periods of price instability - evolved relatively <p> smoothly in the industrialized countries. Energy taxes in many countries differ <p> markedly thereby causing differences in...</p></p></p>

The question whether intake of alcohol is associated with liver cirrhosis mortality is analyzed using aggregate data for alcohol consumption, alcohol related diseases and alcohol policies of 16 European countries. The empirical analysis gives support to a close association between cirrhosis...

The aim of this paper is to analyse the retail prices on wine in different countries. In general, country-specific price differences on identical wines are expected to reflect differences in taxes, import prices, transportation and other costs. Also the competitive conditions on the retail...

Using regional income data covering the time period since the early 1970s for all regions of <p> the Scandinavian countries the often addressed topic of income convergence is tested. The <p> empirical part of the paper applies different tests of convergence which are usually appearing <p> in connection...</p></p></p>