Discussion Papers are a series of manuscripts in their draft form. They are not intended for circulation or distribution except as indicated by the author. For that reason Discussion Papers may not be reproduced or distributed without the written consent of the author. Abstract This paper analyzes the responsiveness of Thai outbound tourism to East Asian destinations, to changes in effective re...

The paper develops a measure of consumer welfare losses associated with withheld information about BSE linkage with vCJD. food safety. The Cost of Ignorance (COI) is measured by comparing the utility of the informed choice with the utility of the uninformed one, under condition of improved information. Unlike previous work, based on a single equation demand model, the measure is obtained retrie...

This paper examines the impact of a rise in the Value Added Tax (VAT) on poverty and inequality in Lebanon. To this end, the paper develops an empirical model based on consumer demand theory and uses only household survey data on expenditures and spatial price indexes. The simulation results using an Almost Ideal Demand System show that the projected VAT rate increases will have a limi...

SUMMARY This paper presents an estimate of the costs of reducing CO2 emissions as agreed in Kyoto by Annex 1 countries. Unlike most of the existing literature, this paper uses an Almost Ideal Demand System model for energy products to estimate the role of each country within the Annex 1 market. A major result is the provision of marginal (and total) abatement costs for each. The recent position...

domestic tourism has an important role in socio-economic development in several ways including creating jobs and improving income distribution. although several researcheshave been done on tourism demand, a small proportion of them have been on domestic tourism. in this paper, the price and expenditure elasticities of the household demand for domestic tourism in iran, focusing on the case of ha...