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This paper deals with one of the main theoretical and empirical problems associated with the rational addiction model, namely that the demand equation derived from the rational addiction theory is not empirically distinguishable from models with forward-looking behavior, but with...
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1. Introduction and overview / Susan Senior Nello and Pierpaolo Pierani -- 2. A CAP for the whole community / John S. Marsh -- 3. Consumers and the political economy of European agricultural and food policies / Johan F. M. Swinnen, Martha Negash and Thijs Vandemoortele -- 4. Sustainable food...
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This paper adopts a multi-commodity habit formation model to study whether unhealthy behaviours are related, i.e. whether there are contemporaneous and inter temporal complementarities in Italian consumption of alcohol and tobacco. Own and crossprice elasticities, as well as the income...
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Little over a year since the death of Secondo (‘Dino’) Tarditi, the Economics Faculty of the University of Siena organized an international conference,“La liberalizzazione del commercio internazionale e le politiche dell’Unione Europea per l'agricoltura e i consumatori” (Liberalizing...
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Questa nota si propone l'obiettivo di analizzare se, e in clic misura, la produttività del lavoro nell'economia italiana degli ultimi cinquantanni sia cresciuta lungo un sentiero convergente. La struttura dell'economia italiana presa in considerazione si compone di 21 attività, il cui livello...
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A panel of Italian single households is used to test for rational addiction in alcohol consumption. These monthly consumption data raise problems of measurement errors and unobservable heterogeneity. To deal with the zeros in the dependent variable we adopt a specification based on infrequency...
Persistent link: https://www.econbiz.de/10008756142