Market share models for weekly store-level data are useful to understand competitive structures by delivering own and cross price elasticities. These models can however not be used to examine which brands lose share to which brands during a specific period of time. It is for this purpose that we propose a new model, which does allow for such an examination. We illustrate the model for two produ...

We discuss bootstrap confidence intervals for short-run and long-run demand and supply elasticities for imports and exports. We use Koshal, Shukla and Koirla’s (1992) simultaneous equation demand and supply model for Indian exports based on 1960-1986 data. Although the long run price elasticity of supply is large, (about 25) and significant, the asymptotic as well as bootstrap confidence interv...

India has been running large-scale interventions in the energy sector over the last decades. Still, there is a dearth of reliable and readily available price and income elasticities of demand to base these on, especially for domestic use of traditional fuels. This study uses the linear approximate almost ideal demand system (LA-AIDS) using micro data of more than 100,000 households sampled acro...

This paper examines the robustness of Deaton’s widely used method for estimating consumer responses. While unit values, ratios of expenditures to quantities purchased, are often employed in demand analysis as proxies for missing market prices, Deaton argues bias is likely to result as a consequence of both quality effects and measurement error. Hence he proposes a procedure that corrects the bi...

This paper applies an extended version of the superior goods model to the UK car market. The model involves the estimation of separate equations for the demand for new cars and the rental price of used cars. We have allowed for the direct influence of quality on car demand by using a measure derived from hedonic price equations. We have employed three measures of the user cost, reflecting diffe...

implementation of effective input policies and technology consistent with production structure contributes to the economic use of the production. understanding the price elasticity of input and relationship between inputs in the agricultural sector is helpful in choosing appropriate input policy. in this study we examine the production structure of pistachio in damghan. to achieve the goal, tra...

OBJECTIVES To analyse a policy dilemma in China on public health versus the tobacco economy through additional cigarette tax. METHODS Using published statistics from 1980 through 1997 to estimate the impact of tobacco production and consumption on government revenue and the entire economy. These estimates relied on the results of estimated price elasticities of the demand for cigarettes in Ch...

Rebound eff ects measure the behaviorally induced off set in the reduction of energy consumption following effi ciency improvements. Using both panel estimation and quantile-regression methods on household travel diary data collected in Germany between 1997 and 2009, this study investigates the heterogeneity of the rebound eff ect in private transport. With the average rebound eff ect being in ...

Precise estimates of price elasticities are important for alcohol tax policy. Using meta-analysis, this paper corrects average beer elasticities for heterogeneity, dependence, and publication selection bias. A sample of 191 estimates is obtained from 114 primary studies. Simple and weighted means are reported. Dependence is addressed by restricting number of estimates per study, author-restrict...

Rebound eff ects measure the behaviorally induced off set in the reduction of energy consumption following effi ciency improvements. Using both panel estimation and quantile-regression methods on household travel diary data collected in Germany between 1997 and 2009, this study investigates the heterogeneity of the rebound eff ect in private transport. With the average rebound eff ect being in ...