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income elasticity of demand for quantity of most foods is near zero. China’s food market is becoming segmented. The demand …
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We develop a model of firm size in which firms are unable to access as many consumers as they want. Nwely arrived consumers match randomly with firms. Subsequently consumers must pay "search costs"to be able to switch firms.
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, estimation of demand systems is a sensitive task. This paper contributes to this project in two ways. First, we develop a method …
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examined. Utilizing the Granger causality test, the study suggests that it is the economic growth that fuels more demand for … both crude oil and electricity consumption and it is the only growth of coal consumption that drives economic growth. [CDS …
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