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The new agricultural biotechnologies that are generating genetically modified organisms (GMOs) are seen as exciting and valuable developments by many people who recognise the improvements in production efficiency that they offer. Others, however, are objecting strongly to their use. Both...
Persistent link: https://www.econbiz.de/10014154637
Current debates about genetically modified organisms (GMOs) in agriculture reveal substantial differences in perception of the associated risks and benefits. Genetically modified crop varieties allegedly provide farmers with various agronomic benefits, but serious environmental, health and...
Persistent link: https://www.econbiz.de/10014148742
Increasingly, international trade policy analysis explores the economic effects of changes in ad-valorem tariffs, or ad-valorem equivalent non-tariff measures, on vertically integrated markets for which high quality data are not available. Standard Constant Elasticity of Substitution (CES)...
Persistent link: https://www.econbiz.de/10014034638
In 1999 the EU abolished duty-free on intra-EU travel, whilst other countries still retain duty-free shopping for international travellers. We adress several aspects of duty-free trade, including effects on consumption, revenue and price-setting. From a global perspective we identify the...
Persistent link: https://www.econbiz.de/10001626089
In the last decade, dozens of local governments have enacted zoning ordinances designed to limit the concentration of payday lenders and other alternative financial services providers (AFSPs), such as check-cashing businesses and auto title loan shops, in their communities. The main impetus for...
Persistent link: https://www.econbiz.de/10013062385
Every three years, Indonesia fields simultaneously two nationwide surveys which collect consumption data. Onecollects consumption using 23 questions, the other using 320 questions. Based on a repeated experiment inwhich the two questionnaires were randomly assigned across households, I examine...
Persistent link: https://www.econbiz.de/10011317438
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10013222646
Using data on the number of visitors (identified according to the census block that they reside in) at the store level, this paper investigates the welfare costs of traditional shopping for the U.S. census blocks. The investigation is based on an economic model, where individuals living in...
Persistent link: https://www.econbiz.de/10013235552
This paper studies consumers' incentives to hide their purchase histories when the seller's prices depend on previous behavior. Through distinct channels, hiding both hinders and facilitates trade. Indeed, the social optimum involves hiding to some extent, yet not fully. Two opposing effects...
Persistent link: https://www.econbiz.de/10012896790
Persistent link: https://www.econbiz.de/10015135733