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This article assesses the ability of the Rotterdam Model (RM) and of three versions of the Almost Ideal Demand System (AIDS) to recover the time-varying elasticities of a true demand system and to satisfy theoretical regularity. Using Monte Carlo simulations, we find that the RM performs better...
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This study aims at testing the relationship between alcohol and corruption. Using cross-sectional data, we find the nexus to be positive. It follows that the depth of drinking alcohol has a significant positive correlation with the level of corruption.
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