In this paper, a stochastic translog production function frontier is specified to estimate the input-oriented technical efficiency of 11 major Australian irrigation schemes. The analysis is applied to a panel data set including the years 1998/1999, 1999/2000 and 2000/2001. The environmental...

The 21st century will be very important for China. In this century, China will strive for the achievement of modernisation, while improving the welfare of its huge population which will peak during this time. Xinjiang will supply more than one quarter of oil and gas production for China; it will...

Properties of estimators of long-run parameters in a polynomial regression with nonstationary, strongly exogenous regressors are considered in the context of the Environmental Kuznets Curve using Monte Carlo simulations. Standard inferential procedures seem to work well in this context.

This paper analyzes travelers’ choice behavior by using data from a stated preference survey on work-trip mode choice in Shanghai. Several versions of a multinomial choice model are specified and estimated. According to the estimation results the utility function with money cost divided by...

This note provides a proof on existence and uniqueness of Nash equilibrium in prices in a market where the demand side is characterized by a nested multinomial logit model with multiproduct firm as nest and the supply side consists of oligopolistic price-setting multiproduct firms with each...

This paper conducts Granger-causality tests on real per capita GDP and four types of air emissions (CO2, CO, SO2 and NOx) by using Norwegian data covering the period 1973-2003. The test results indicate that only unidirectional causal relationships exist between GDP and air emissions. For CO2...

This paper estimates price and GDP/income elasticities of several energy goods in OECD countries over 1978 to 1999 by applying the one-step GMM estimation method suggested by Arellano and Bond (1991) to a panel data set. The energy demand is specified by a simple partial adjustment model. We...

In this paper we develop a framework for analyzing panel data with observations on rank ordered alternatives that allows for correlated random taste shifters across time and across alternatives. As a special case we obtain a nested logit model type for rank ordered alternatives. We have applied...

Time-series regressions including non-linear transformations of an integrated variable are not uncommon in various fields of economics. In particular, within the Environmental Kuznets Curve (EKC) literature, where the effect on the environment of income levels is investigated, it is standard...