demonstrates the need for economic analysis to focus on specific groups of producers when assessing distributional consequences of …

identify the key structural parameters; we find an own-price elasticity of short- and long-run supply of 0.32 and 0.27. An … horse auction. The data is used to estimate the supply of yearling Quarter Horses using biological production lags to … inverse demand function is also estimated, and after accounting for endogeneity, we find a price flexibility of own …

conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand …

classic elasticity of demand and supply from a 2-Dimensional graphical point of view, we are only able to observe one buyer … elasticities of demand and supply that are interacting together in the same graphical space and time. Hence, we try it to find two … synchronized general common elasticities that one is for demand and another one for supply in the market for any good or service …

The report provides a literature review on the topic of estimation of demand and supply elasticities. To this end, it …, using instrumental variables, adopting a recursive structure, holding demand constant, and imposing inequality constraints …

in practice; Who benefits whom in the neighborhood; Preference minorities as citizens and consumers -- Market solutions … insufficient demand -- Books and liquor: two case studies …

. In markets, you can't always get what you want. This book explores why this is so and its consequences for consumers with …