This study applies the Quadratic Almost Ideal Demand System (QUAIDS) to the Asian Development Bank's Multi-Region Input …-Output (MRIO) dataset to estimate global demand and supply elasticities across intermediate vs. final, and domestic vs. foreign … sectors. Using pooled data from 2021-2023, results show that supply is generally less responsive to income changes than demand …

While audience and participation surveys, as well as econometric demand studies, generally confirm that performing arts … are examined. Price inelastic demand is more likely the result of low pricing strategies of non-profit arts managements …, even within the performing arts. Arts demand cannot adequately be estimated without also considering “life-style” variables …

In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since …-consistent demand analysis remains feasible in the presence of partially observed prices, and hence partially observed implied budget …