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Water Demand Under Alternative Price Structures

Olmstead, Sheila M. - 2010

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise …-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price … water utility service areas …

Persistent link: https://www.econbiz.de/10012759730

Designing Nonlinear Price Schedules for Urban Water Utilities to Balance Revenue and Conservation Goals

Wolak, Frank - 2016

This paper formulates and estimates a household-level, billing-cycle water demand model under increasing block prices … household demographics in the utility's service territory to recover the impact of these factors on water demand. An index of … models are used to compute the distribution of utility-level water demand and revenues for any possible price schedule …

Persistent link: https://www.econbiz.de/10012985203

Quantitative Models of Commercial Policy

Ossa, Ralph - 2016

What tariffs would countries impose if they did not have to fear any retaliation? What would occur if there was a complete breakdown of trade policy cooperation? What would be the outcome if countries engaged in fully efficient trade negotiations? And what would happen to trade policy...

Persistent link: https://www.econbiz.de/10012997374

Foreigners Knocking on the Door : Trade in China During the Treaty Port Era

Keller, Wolfgang - 2016

Uneven development within countries suggests that domestic trade frictions are important. Trade flows within a country, however, are rarely observed. We employ a new dataset on trade between fifteen Chinese treaty ports to examine the importance of domestic frictions around the year 1900. The...

Persistent link: https://www.econbiz.de/10013001211

Pro-Competitive Effects of Trade Reform : Results from a CGE Model of Cameroon

Devarajan, Shantayanan; Rodrik, Dani - 2021

How likely is trade liberalization to produce efficiency gains in the presence of imperfect competition, scale economies, and higher-than-average wages in the modern sectors -- all common features of developing economies? These features create a potential conflict to the extent that traditional...

Persistent link: https://www.econbiz.de/10013213435

Intermediate Goods and Business Cycles : Implications for Productivity and Welfare

Basu, Susanto - 2010

This paper presents an aggregate demand-driven model of business cycles that provides a new explanation for the procyclicality of productivity, and simultaneously predicts large welfare losses from monetary non-neutrality. The key features of the model are an input- output production structure,...

Persistent link: https://www.econbiz.de/10013138620

Empirical Research on Trade Liberalization with Imperfect Competition : a Survey

Richardson, J. David - 2021

This paper attempts a synthetic census of the calibration/counterfactual style of empirical research on the benefits of trade liberalization with imperfect competition and scale economies. Computable-general-equilibrium studies are surveyed, as are a large number of partial-equilibrium studies...

Persistent link: https://www.econbiz.de/10013227216

A Critical Assessment of the Role of Imperfect Competition in Macroeconomics

Carlton, Dennis W. - 2021

incorporate the cost of market making, durability and dynamic policies, and timing based on the option value of resolving …

Persistent link: https://www.econbiz.de/10013232435

Why is Productivity Procyclical? Why Do We Care?

Basu, Susanto; Fernald, John G. - 2021

Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity: (i) procyclical technology shocks, (ii) widespread imperfect competition and increasing returns, (iii) variable utilization of inputs over the cycle, and (iv) resource...

Persistent link: https://www.econbiz.de/10013240533