Income Elasticity Decomposition Models and Determinants of U.S. Pharmaceutical Expenditures
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DOI: 10.1007/s11293-018-9600-z
Abstract: Prescription drugs are the third largest component of U.S. healthcare spending, and quickly growing. This novel study provides greater information on consumer behavior in the market for prescription drugs, and how that behavior may vary… read more here.
Keywords: quality; elasticity decomposition; income elasticity; income ... See more keywords
Income elasticity of overnight stays over seven decades
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DOI: 10.1177/1354816618803781
Abstract: This article provides new evidence on the stability of the long-run income elasticity of tourism and travel demand by use of the recently developed smooth time-varying cointegration regression model. The estimations control for relative purchasing… read more here.
Keywords: elasticity overnight; overnight stays; income elasticity; stays seven ... See more keywords
Income Elasticity of Child Labor: Do Cash Transfers have an Impact on the Poorest Children?
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DOI: 10.2478/izajodm-2020-0011
Abstract: Abstract The possible nonlinearity of the income elasticity of child labor has been at the center of the debate regarding both its causes and the policy instruments to address it. We contribute to this debate… read more here.
Keywords: child labor; income elasticity; income; elasticity child ... See more keywords