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We investigate the reliability of transferring benefit estimates of forest recreation obtained from discrete choice CV data and conditional on forest-specific attributes. The transfer reliability is checked against the forest-specific estimates of mean and median willingness to pay. We report...
Persistent link: https://www.econbiz.de/10011608598
We analyse the dynamics of firms' employment decisions which underlie lumpy and kinked adjustment costs. We consider a dynamic structural model in which, in each period, firms face a choice of whether to vary the labour input or to postpone the adjustment to the future. By exploiting the first...
Persistent link: https://www.econbiz.de/10011608782
By focusing on the Italian experience, we ask whether the relationship between labour taxes and unemployment varies … stronger in the highly industrialised North than in the underdeveloped South, where unemployment is much higher. An important … source of variation in the regional responsiveness of unemployment originates from the fact that regional gross wages in the …
Persistent link: https://www.econbiz.de/10011608786
Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the …
Persistent link: https://www.econbiz.de/10011608791
This paper is an empirical investigation of the complementarity between education and training in 13 European countries, based on the European Community Household Panel (ECHP). After confirming the standard result that training incidence is higher among individuals with more education, I find...
Persistent link: https://www.econbiz.de/10011608802
This paper casts doubt on empirical results based on panel estimations of an "inverted-U" relationship between per capita GDP and pollution. Using a new data set for OECD countries on carbon dioxide emissions for the period 1960-1997, we find that the crucial assumption of homogeneity across...
Persistent link: https://www.econbiz.de/10011608825
recommendations. The flexible nature of nonparametric estimation allows us to develop a nonparametric test in the spirit of Silverman …
Persistent link: https://www.econbiz.de/10011608828
The number of studies seeking to empirically characterize the reduced-form relationship between a country economic growth and the quantity of pollutants produced in the process has recently increased significantly. In several cases researchers have found evidence pointing to an inverted-U...
Persistent link: https://www.econbiz.de/10011608829
This paper presents new evidence about privatisation processes and their determinants from a panel of 34 countries over the 1977-99 period. The empirical analysis shows that privatisation takes place typically in wealthy and democratic countries, endowed with deep and liquid stock markets, and...
Persistent link: https://www.econbiz.de/10011608839
to generate the data allowing the estimation of irrigation water demand by a nonparametric procedure. An application …, where water is no more an essential input and is not yet a risk reducing input, the demand is elastic. But, we find a third …, non-intuitive, area for larger quantities where the water is a risk reducing input and the demand becomes inelastic again …
Persistent link: https://www.econbiz.de/10011608844