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On the basis of assessment data on land prices in Danish city areas, a model showing land rent gradients approximated by a third degree polynomial is estimated for 48 individual Danish cities. The intra-urban structure is connected to an inter-urban model by the expansion method, where the...
Persistent link: https://www.econbiz.de/10011134996
This paper examines the relation between price differences and quality differences in an oligopoly model with intra-industry trade, where goods are horizontally as well as vertically differentiated. The analysis demonstrates that the ratio of prices is not linked to the ratio of qualities in any...
Persistent link: https://www.econbiz.de/10010975543
We examine how openness interacts with the coordination of consumption–leisure decisions in determining the equilibrium working hours and wage rate when there are leisure externalities (e.g., due to social interactions). The latter are modelled by allowing a worker's marginal utility of...
Persistent link: https://www.econbiz.de/10011051756
This article develops a model where ownership improves the efficiency of the housing market as it enhances the utility of housing consumption for some consumers. The model is based on an extended Hotelling-Lancaster utility approach in which the ideal variant of housing is obtainable only by...
Persistent link: https://www.econbiz.de/10005333632
type="main" xml:id="twec12134-abs-0001" <title type="main">Abstract</title> <p>More than two-thirds of all anti-subsidy investigations in the EU are paired with an anti-dumping investigation against the same non-EU producers. The outcome may be a two-component duty where one duty addresses the ‘unfairness’ of the subsidy...</p>
Persistent link: https://www.econbiz.de/10011037166
Motivated by a monopolistic competition model with market segmentation and international price discrimination, this paper analyzes whether there is an inverse relation between the elasticity of substitution and final ad valorem anti-dumping duties across products. We test this for 19 countries...
Persistent link: https://www.econbiz.de/10011151024
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