Showing 1 - 10 of 58
We reconsider the recent work by Okuguchi (J Econ 101:125–131, <CitationRef CitationID="CR4">2010</CitationRef>) on (possibly asymmetric) Cournotian firms with two production factors, one being inferior for each firm. It is shown there that an increase in the price of the inferior factor does raise the equilibrium industry output. In...</citationref>
Persistent link: https://www.econbiz.de/10010987607
Introduction -- Notes on Some Theories of Giffen Behaviour -- Exact and Useful Optimization Methods for Microeconomics -- On the Definitions of Giffen and Inferior Goods -- Giffen Behaviour and Strong Assymetric Gross Substituability -- A Child Garden of Concrete Giffen Utility Functions: a...
Persistent link: https://www.econbiz.de/10014015565
Persistent link: https://www.econbiz.de/10012538195
Persistent link: https://www.econbiz.de/10005377203
Persistent link: https://www.econbiz.de/10005384221
Persistent link: https://www.econbiz.de/10005391354
Persistent link: https://www.econbiz.de/10005456483
This article summarizes Walter Isard’s important contributions to environmental economics and ecological economics. The former is the traditional field that incorporates some limited aspects of the environment into neoclassical economic theory, while the latter is a more comprehensive...
Persistent link: https://www.econbiz.de/10011139263
We use a panel of 29 Chinese provinces for the period 2003–2011 to estimate the drivers of energy intensity by means of a spatial Durbin error model. We find an inverted U-shaped relationship between energy intensity and income (energy intensity Kuznets curve). Ten provinces, notably the...
Persistent link: https://www.econbiz.de/10011118159
Due to increasing water scarcity, accelerating industrialization and urbanization, efficiency of irrigation water use in Northern China needs urgent improvement. Based on a sample of 347 wheat growers in the Guanzhong Plain, this paper simultaneously estimates a production function, and its...
Persistent link: https://www.econbiz.de/10011193978