differing consumption patterns among individuals along with relative commodity price changes has made inflation effects differ from one person to another. on the other hand, inflation continues to be a general phenomenon in iranian economy. the impacts of price changes on rural poverty have been hereby investigated. for this, market price fluctuations in rural areas of fars province during the ...

This paper presents a two-country model in which consumers’ utility from tradable goods depends on their consumption of complementary goods and services. The model is consistent with the stylized fact that markups are higher in rich countries: In countries with more complementary goods and services consumer demand is less elastic, enabling monopolistically competitive firms to charge higher pri...

The science of marketing focuses on exchange relationships (Hunt 1991) is based on explanatory concepts inherited from economics more than a century ago. Classical and neoclassical economics look at relationships among supply, demand, and value of tangible goods, especially manufactured goods. This limited focus, in turn, is rooted in the philosophical and scientific thought that preceded the d...

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive structure and its economic growth has been established. Here we report that not only goods but also services are important for predicting the rate at which countr...

The Web has many sites where users can exchange goods and services. Often, the end-users must write free-text descriptions of the goods and services they have available, or the goods and services they are seeking. The quality of these descriptions is often low. In this paper, we describe the GhostWriter system, which encourages users to write descriptions that are more comprehensive. The system...

Empirical studies show that tradable consumption goods are more expensive in rich countries. This paper proposes a simple yet novel explanation for this apparent failure of the law of one price: Consumers’ utility from tradable goods depends on their consumption of complementary goods and services. Monopolistically competitive firms charge higher prices in countries with more complementary good...