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The dynamics of a linear (or linearized) dynamic stochastic economic model can be expressed in terms of matrices (A,B,C,D) that define a state space system. An associated state space system (A,K,C, Sigma) determines a vector autoregression for observables available to an econometrician. We...
Persistent link: https://www.econbiz.de/10005126678
Motivated by an interest in investigating factors associated with poverty risks in Italy, our study provides insight into the relationship between various socio-economic, demographic, and behavioural variables and a new measure of the economic inadequacy of households. We propose that a...
Persistent link: https://www.econbiz.de/10013020266
We consider the invertibility (injectivity) of a nonparametric nonseparable demand system. Invertibility of demand is … demand and can accommodate many models in which goods are complements. They allow one to show invertibility without strict … important in several contexts, including identification of demand, estimation of demand, testing of revealed preference, and …
Persistent link: https://www.econbiz.de/10010817213
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While audience and participation surveys, as well as econometric demand studies, generally confirm that performing arts … are examined. Price inelastic demand is more likely the result of low pricing strategies of non-profit arts managements …, even within the performing arts. Arts demand cannot adequately be estimated without also considering “life-style” variables …
Persistent link: https://www.econbiz.de/10014023815
What happens to demand if a magazine launches a website? This question is empirically analyzed for the German women … differentiated product demand are estimated on panel data covering the period 1990 to 2000, showing that website provision does not … demand than competitors that did not go online. Descriptive evidence on the magazines? website contents shows that websites …
Persistent link: https://www.econbiz.de/10011447038
We estimate the demand for health insurance in the California Affordable Care Act marketplace (Covered California …
Persistent link: https://www.econbiz.de/10012870316
This paper presents an empirical study of energy demand in which demand for a series of energy goods (Gas, Oil Products … valuable in the analysis of climate change impacts. Results are interpreted in terms of derived demand for heating and cooling …. Short and long run temperature elasticities of demand are estimated.Climate change impacts on human life have well defined …
Persistent link: https://www.econbiz.de/10012708438
-off events. The nonlinear and linear Almost Ideal Demand (AID) models are estimated with monthly data to identify the price … competitiveness and interdependencies of tourism demand for competing destinations in both long run (static) and short run error … competitiveness. The empirical results show that price competitiveness is important for tourism demand for Japan, Korea and Hong Kong …
Persistent link: https://www.econbiz.de/10013144948