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This article employs a short-term specification of the symmetric generalised McFadden (SGM) cost function capable of accommodating quasi-fixed factors and variable returns. Temporary equilibrium and scale economies are investigated while maintaining the consistency of the estimated model with...
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The paper employs a multistage Quadratic Almost Ideal Demand System (QAIDS) with heterogeneous preferences to calculate unconditional elasticities for a complete demand system, and to derive energy and nutrients' elasticities for a number of Italian households. A set of comparative static...
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This study exploits a novel dataset containing more than 89,000 farm-level surveys over a 17-year period to investigate how neonicotinoid seed treatments in maize, now ubiquitous, have affected the use of other insecticides. Neonicotinoid insecticides are the most used class of insecticides in...
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This paper examines the role of a firm's internal network in determining plant shutdown decisions in response to environmental regulations. Using unique plant-level data for U.S. manufacturing industries from 1990 to 2008, we find evidence that, in response to increasingly stringent...
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