Showing 1 - 10 of 212
This paper examines the determinants of aggregate import demand for Pakistan for the period 1972-1999. The Johansen (1988) co-integration analysis is used for establishing a long run relationship between real imports and its determinants namely real GDP, relative prices and exchange rate...
Persistent link: https://www.econbiz.de/10011112763
This paper presents some theoretical foundations underlying the welfare analysis that can be established in order to quantify the impact on consumers, when an agent violates the rights of purchaser and such behavior is reflected in a price increase. This exercise allows us to conclude that if it...
Persistent link: https://www.econbiz.de/10011109080
Cost benefit analysis is the commonly used tool to evaluate transport investments. Despite its diffusion, both the technicalities and the purpose of the analysis differ among countries. This paper focuses on some common issues and lacks still present in the evaluation of transport projects, in...
Persistent link: https://www.econbiz.de/10011110400
Este documento analiza a la luz de una situación monopólica, el efecto sobre el bienestar de los consumidores derivado de cambios en la magnitud de la elasticidad precio de la demanda. En el artículo se asume una función de demanda con elasticidad precio de la demanda constante y...
Persistent link: https://www.econbiz.de/10011114048
In the market of a monopolistically competition the price of a long-run equilibrium, the consumers’ surplus is equal to a half of fixed cost value, and the price elasticity is equal to the ratio of total to fixed costs.
Persistent link: https://www.econbiz.de/10009328137
The paper addresses the question of who benefits from public recreation areas. Employing a set of survey data from users and nonusers of state-owned recreation and conservation areas in Finland, we derive two measures for distributional analysis. The first, the income elasticity of willingness...
Persistent link: https://www.econbiz.de/10008615010
Differences between domestic financial systems can lead to international trade. A country with relatively developed or … systems will export traditional commodities. Trade is always welfare improving before the resolution of uncertainty but the … country with the more risk averse financial system and the world as a whole can be worse off with trade after the resolution …
Persistent link: https://www.econbiz.de/10004980410
dynamic linkages between energy consumption, trade and GDP. The results show that, in the short run, feedback relationship … energy and GDP holds in the short as well as in the long run. The feedback relationship between trade and energy consumption … suggests that any shortage of energy supply will lessen the trade and this reductions in trade will lessen the benefits of …
Persistent link: https://www.econbiz.de/10011107504
carefully, trade and investment can help promote economic growth and alleviate poverty. The paper empirically examines the … impact of trade and investment on poverty alleviation in Pakistan by employing the Johansen-Juselius (1990) approach to …-à-vis poverty. While investment is a key to promoting economic growth, trade openness can also help by improving business climate …
Persistent link: https://www.econbiz.de/10011107654
development, international trade and capital as important factors of production function in case of China over the period of 1971 … international trade have positive impact on economic growth. The Granger causality analysis revealed that unidirectional causal … other. There is bidirectional causality between trade and energy consumption. The feedback relation exists between financial …
Persistent link: https://www.econbiz.de/10011107658