This paper provides new results to the literature, showing that output flexibility in oil production depends on the extraction technology. In particular, constructing a novel well-level monthly production data set covering more than 16,000 crude oil wells in North Dakota, we find supply...

The main objective this research study to estimate the price elasticity, price shock and consumption demand of sugar in Pakistan. Time series data from 1990-2013 were taken from various secondary sources, the data series is stationary if its mean (Exi) and variance (Xt) are constant over the...

We analyze several rounds of U.S. import restrictions against washing machines. Using retail price data, we estimate the price effect of these import restrictions by comparing the price changes of washers with those of other appliances. We find that in response to the 2018 tariffs on nearly all...

In this paper, the effects of Dropcountr on water usage were examined using household- level panel data for the City of Folsom water service area from January-2013 to September-2016. Results suggest that the introduction of the Dropcountr services for the population of households participating...

This paper investigates whether the elasticity of demand systematically changes from one importer country to another in an international trade context. Evidence from U.S. exports supports this view by suggesting that the elasticity of demand in an importer country among the products purchased...

Despite its importance for policy purposes (including climate policy and the energy transition), the literature on the price elasticity of natural gas demand in the residential sector is very limited and based on inference from situations with modest variation in prices. We focus on a locale and...

This paper estimates the elasticities of Italy's foreign tourism demand to relative prices, nominal and real exchange rates using a dataset for tourism flows to Italy (and its macroregions) over the period 1997-2015. By separating total tourism expenditure into the number of arrivals and...

In 2017, Japanese newspaper advertising revenue, adjusted for inflation, was only half as great as at its 1997 mini-peak. Japanese newspaper circulation also peaked in 1997, and in the two decades since then has fallen by about one-fourth (counting a morning-and-evening subscription as two, by...

This paper develops a structural model of urban travel to estimate long-run price elasticities. A dynamic discrete choice demand model with switching costs is estimated, using a panel dataset with public market-level data on automobile and public transit use for Chicago. The estimated model...

The intergenerational elasticity (IGE) is the most common parameter reported in the intergenerational mobility literature. This paper proposes a "local" intergenerational mobility parameter (LIGE) that allows the effect of parents' income to vary across different values of parents' income. We...