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We use data to investigate econometrically the determinants of the adoption of ecolabeling schemes among countries. Our findings show that economic and political freedoms, innovation capacities and experience with other environmental voluntary approaches play a major, sometimes...
Persistent link: https://www.econbiz.de/10011105377
Thanks to an intertemporal analytical model, we incorporate aspirational consumers in Veblen markets for luxury fashion items. We show how a luxury monopolist can increase its profits thanks to the presence of counterfeit products. The genuine producer profit is shaped by two opposite effects:...
Persistent link: https://www.econbiz.de/10011105390
We contend that consumption of a given status conveying good frequently follows a Kuznet-like curve. Concretely, the consumption of a given status marker first increases with the level of income per capita, reaches a maximum and then decreases at higher levels of income. Moreover, globalization...
Persistent link: https://www.econbiz.de/10011141460
Abstract We investigate empirically the relationship between software piracy and GDP per capita by considering non-linear effects. We use a panel data analysis for 100 countries over a period of 15 years. We remedy several previous econometric and methodological shortcomings and show that piracy...
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We experimentally test in a developing country whether people prefer a situation where individual and social interests coincide, a situation promoting equality or another one promoting a better relative position. We also investigate whether incentive compatible choices are consistent with...
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