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The present paper seeks to cast scepticism on the validity and value of the results of all earlier studies in India on energy demand analysis and forecasting based on time series regression, on three grounds. (i) As these studies did not care for model adequacy diagnostic checking, indispensably...
Persistent link: https://www.econbiz.de/10008671985
In Greece and internationally, the roundwood is one of the most important forest products as it is used widely in construction and building sector. In this study the process of wholesale long-length roundwood (2m) price determination is depicted in the form of an inverse demand system. The...
Persistent link: https://www.econbiz.de/10008685219
The consumption of meat from wild animals (or bushmeat) occurs throughout Africa and highlights the conflict between two distinct development goals: food security and biodiversity conservation. Growing human populations throughout the greater Serengeti ecosystem rely heavily on bushmeat as a...
Persistent link: https://www.econbiz.de/10010665813
This article uses a discrete choice, random coefficients logit model for analyzing consumer behavior and retail price competition in the Boston fluid milk market. The problems of product dimensionality and consumer heterogeneity implied by imperfect substitution in markets with differentiated...
Persistent link: https://www.econbiz.de/10010816311
In this study we set the problem of the probable existence of an additive and multiplicative mixed seasonality. In this context, we show by some simulation that the seasonality correction according to a pure additive or a pure multiplicative scheme leads to biased estimators of the coefficients...
Persistent link: https://www.econbiz.de/10010708239
Although drinking water amounts to 1.03% of the total water available daily for Italian consumers, this service is not easily replaced with other goods. Water is a basic need, and its consumption should be ensured for everyone. Yet the scarcity of this resource implies that any loss should be...
Persistent link: https://www.econbiz.de/10010997378
In this paper we present a non-linear demand system for households’ joint choice of number of trips and days to spend at a destination. The approach, which facilitates welfare analysis of exogenous policy and price changes, is used empirically to study the effects of an increased CO2 tax. In...
Persistent link: https://www.econbiz.de/10011043454
We present an analysis of markets for fresh strawberries, blueberries, blackberries and raspberries in the United States during 2008–2011. We use weekly panel data covering supermarket purchases in 52 cities. The primary goal is to estimate demand elasticities for fresh berries and...
Persistent link: https://www.econbiz.de/10011143309
We investigated whether the spill of radioactive materials from the Fukushima nuclear plant into the Pacific Ocean had a negative impact on demand for cod and pollock in wholesale markets in Japan. A structural break test detected several break points in the market, including the Fukushima...
Persistent link: https://www.econbiz.de/10011112424
This paper uses data on consumption expenditure and price levels from the European Comparison Project (ECP) 1996 for the analysis of demand structures in a cross-section of 52 countries. The paper describes the patterns of consumption expenditures, price levels and relative prices for four...
Persistent link: https://www.econbiz.de/10009649642