This paper evaluates dynamic elements of spatial market linkages for several important food commodities in the Russian Federation. We argue that delivery lags and other impediments to regional commodity trade may delay price responses. Standard regression and cointegration tests that compare...

This study analyses the impact on the US cotton industry of removal of the Multi-Fibre Arrangement (MFA) using a multimarket displacement equilibrium model. The model captures the basic linkages of textile products and cotton markets in the USA and in non-US markets. Different textile trade...

In this paper, we generalize the rational addiction model to include three addictive goods: cigarettes, alcohol and coffee. We use a pseudo-panel data approach which has many advantages compared to aggregate and panel data. While cigarette and coffee demands fit well with the rational addiction...

In this paper, we analyze the impact of smoking bans on restaurant and at-home alcohol consumption using rational addiction model. We use a pseudo-panel data approach which has many advantages compared to aggregate and panel data. While cigarette and restaurant alcohol consumptions fit well with...