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"Theories of rational addiction posit that certain habit-forming goods-characterized by an increasing marginal utility of consumption-generate predictable dynamic patterns of consumer behavior. It has been suggested that attendance at sporting events represents an example of such a good, as...
Persistent link: https://www.econbiz.de/10005659217
Persistent link: https://www.econbiz.de/10010728504
"This study estimates an aggregate production function of manufacturing industry using panel data of 11 Korean regions covering 1977-1992. While the previous studies regard infrastructure as a direct input for production, the present study proposes that infrastructure has an effect on actual...
Persistent link: https://www.econbiz.de/10004981281