Search Results - subject:"Price elasticity of demand"

The Effect of Cigarette Prices on Cigarette Sales : Exploring Heterogeneity in Price Elasticities at High and Low Prices

Tauras, John A. - 2016

the price elasticity of demand for each observation and report the average price elasticity across all observations or … report the price elasticity of demand at the mean of the price variable. Policy makers rely on these average price elasticity … find that the absolute value of the price elasticity of demand monotonically increases with price. The findings from this …

Persistent link: https://www.econbiz.de/10012456425

International Shocks and Domestic Prices : How Large Are Strategic Complementarities?

Amiti, Mary - 2016

How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical estimate of firm price responses to changes in prices of their competitors. We develop a general framework and an empirical identification strategy to estimate the elasticities...

Persistent link: https://www.econbiz.de/10012456555

The Labor Supply of Undocumented Immigrants

Borjas, George J. - 2016

The Department of Homeland Security estimates that 11.4 million undocumented persons reside in the United States. Congress and President Obama are considering a number of proposals to regularize the status of the undocumented population and provide a "path to citizenship." Any future change in...

Persistent link: https://www.econbiz.de/10012456572

How Comparable are Labor Demand Elasticities Across Countries?

Fajnzylber, Pablo - 2016

Even accounting for the large variance induced by different estimation techniques, one probably cannot say much about the flexibility of different labor markets based on comparisons of the estimated elasticity of demand. Colombia, for example, which has severe restrictions on firing workers, has...

Persistent link: https://www.econbiz.de/10012748652

Aggregate Agricultural Supply Response in Developing Countries : A Survey of Selected Issues

Schiff, Maurice W. - 2016

Time series estimates can provide an accurate picture of past behavioral relations, but they are not an adequate basis for forecasting the impact of policy reform. They typically generate a downward-biased estimate of the response to a credible reform.Schiff and Montenegro review several studies...

Persistent link: https://www.econbiz.de/10012749187

Efficiency and Equity of a Marginal Tax Reform : Income, Quality, and Price Elasticities for Mexico

Nicita, Alessandro - 2016

Nicita investigates the effects of a marginal tax reform on household welfare in Mexico. He estimates the extent to which Mexican households react to changes in prices, and uses the estimates to simulate changes in social welfare resulting from marginal tax reform. Results indicate that poorer...

Persistent link: https://www.econbiz.de/10012749531

Estimation of aggregate demand and supply shocks using commodity transaction data

Abe, Naohito; Inakura, Noriko; Tonogi, Akiyuki - 2016

Persistent link: https://www.econbiz.de/10012128636

A Tale of Two Tails : Commuting and the Fuel Price Response in Driving

Gillingham, Kenneth - 2016

The consumer price responsiveness of driving demand is central to the welfare consequences of fuel price changes. This study uses rich data covering the entire population of vehicles and consumers in Denmark to find a medium-run price elasticity of driving of -0.30. We uncover an important...

Persistent link: https://www.econbiz.de/10012455743

Drug Shortages, Pricing, and Regulatory Activity

Stomberg, Christopher - 2016

This study examines the patterns and causes of shortages in generic non-injectable drugs (e.g., tablets and topicals) in the United States. While shortages for injectable drugs have garnered more attention, shortages of other forms of prescription drugs have also been on the increase. In fact,...

Persistent link: https://www.econbiz.de/10012455768

Characterization of the relevant market in the media industry : some new evidence!

Bardey, David; Tovar Mora, Jorge Andrés; Santos, Nicolas - 2016

Persistent link: https://www.econbiz.de/10012220288