The Experts below are selected from a list of 306 Experts worldwide ranked by ideXlab platform
Donatella Baiardi - One of the best experts on this subject based on the ideXlab platform.
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the price and Income Elasticities of the top clothing exporters evidence from a panel data analysis
Journal of Asian Economics, 2015Co-Authors: Donatella Baiardi, Carluccio Bianchi, Eleonora LorenziniAbstract:Abstract This paper studies the main export function features of twelve top clothing exporters (China, Hong Kong, France, Germany, India, Indonesia, Italy, Netherlands, Spain, Turkey, UK and USA) in the period between 1992 and 2011. Price and Income Elasticities are estimated for each economy using a panel data approach, after controlling for nonstationarity, cointegration and Granger causality. Rolling regressions are also performed, and show the existence of some Elasticities instability over time, fundamentally related to the profound economic and institutional changes affecting the clothing trade in the period under consideration. The analysis suggests that most advanced economies, including Hong Kong, changed their position in the global value chain towards an “organizational” role. China confirms its leadership in clothing exports although its rising price elasticity sounds a warning with regard to future prospects.
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the price and Income Elasticities of the top clothing exporters evidence from a panel data analysis
2014Co-Authors: Donatella Baiardi, Carluccio Bianchi, Eleonora LorenziniAbstract:This paper studies the main export function features of twelve top clothing exporters (China, Hong Kong, France, Germany, India, Indonesia, Italy, Netherlands, Spain, Turkey, UK and USA) in the period between 1992 and 2011. Price and Income Elasticities are estimated for each country using a panel data approach, after controlling for nonstationarity, cointegration and Granger causality. Rolling regressions are also performed, and show the existence of Elasticities instability over time. The analysis suggests that most advanced countries, including Hong Kong, changed their position in the clothing global value chain towards an “organisational” role. China confirms its leadership in clothing exports although its rising price elasticity sounds a warning with regard to future prospects.
Joel Slemrod - One of the best experts on this subject based on the ideXlab platform.
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Methodological issues in measuring and interpreting taxable Income Elasticities
National Tax Journal, 1998Co-Authors: Joel SlemrodAbstract:Because the response of taxable Income to the Income tax rate captures all of the responses to taxation, it holds the promise of more accurately summarizing the marginal efficiency cost of taxation than a narrower measure of taxpayer response such as the labor supply elasticity. The promise does, though, come with problems and caveats. This paper reviews the key issues in empirically measuring the taxable Income elasticity and in using it to evaluate tax reform. I stress the idea that the taxable Income elasticity is a matter of government policy, rather than an immutable parameter, and note the importance of looking for revenue offsets in other tax bases and other time periods.
François Gardes - One of the best experts on this subject based on the ideXlab platform.
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Price and Income Elasticities in LAC Countries: The Importance of Domestic Production
2014Co-Authors: Carla Canelas, François Gardes, Silvia SalazarAbstract:The inclusion of time in the household domestic production function allows to calculate full prices that are in turn used to estimate consistent monetary and time Elasticities on micro cross-sectional data. This article provides elasticity estimates for different commodity groups in absence of observable price data, solving the persistent problem of price data availability in most developing countries. The estimated price Elasticities perform well compared to other methods and can be computed for different sub-populations, which is important for policy design and the calibration of simulation models.
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Full price Elasticities and the value of time: A Tribute to the Beckerian model of the allocation of time
2014Co-Authors: François GardesAbstract:This article adopts Becker's allocation of time framework to describe households' choices concerning both their monetary and time use expenditures in order to propose a new method to derive price elasticity at a micro level. Price and full Income Elasticities are estimated on a matching of a French Family Budget and a Time Use survey. The utility and home production functions are specified in order to allow the computation of the household's opportunity cost for time, which is shown to be smaller in average than the household's wage net of taxes. This estimate serves to value time dedicated to domestic activities and are used in the definition of full prices. The estimated price Elasticities compare well with the estimates by other methods, such as Frisch's model based on independence of preferences assumptions or Hicks-Lewbel's method based on the aggregation of commodities. Finally, the model is applied to the computation of a welfare index, to the estimation of the household's labour supply and to a tentative explanation of the classic difference between cross-section and time-series estimates of Income Elasticities.
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Panel and Pseudo-Panel Estimation of Cross-Sectional and Time Series Elasticities of Food Consumption: The Case of American and Polish Data
Journal of business & economic statistics, 2005Co-Authors: François Gardes, Greg Duncan, Patrice Gaubert, Marc Gurgand, Christophe StarzecAbstract:The problem addressed in this article is the bias to Income and expenditure Elasticities estimated on pseudo-panel data caused by measurement error and unobserved heterogeneity. We gauge empirically these biases by comparing cross-sectional, pseudo-panel and true panel data from both Polish and American expenditure surveys. Our results suggest that unobserved heterogeneity imparts a downward bias to cross-section estimates of Income Elasticities of at-home food expenditures and an upward bias to estimates of Income Elasticities of away-from-home food expenditures. "Within" and first-difference estimators suffer less bias, but only if the effects of measurement error are accounted for with instrumental variables.
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Cross-section versus time-series Income Elasticities of Canadian consumption
Economics Letters, 1996Co-Authors: François Gardes, Simon Langlois, Didier RichaudeauAbstract:Abstract Five Canadian surveys are used to compute cross-section and time-series Income Elasticities. Within pseudo-panel Elasticities differ significantly from between Elasticities for most consumptions. Thus, Income Elasticities computed using cross-section data cannot be used to predict changes in consumption over time.
Peter Nijkamp - One of the best experts on this subject based on the ideXlab platform.
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price and Income Elasticities of residential water demand a meta analysis
Land Economics, 2003Co-Authors: J M Dalhuisen, Raymond J G M Florax, Henri L F De Groot, Peter NijkampAbstract:This article presents a meta-analysis of variations in price and Income Elasticities of residential water demand. Meta-analysis constitutes an adequate tool to synthesize research results by means of an analysis of the variation in empirical estimates reported in the literature. We link the variation in estimated Elasticities to differences in theoretical microeconomic choice approaches, differences in spatial and temporal dynamics, as well as differences in research design of the underlying studies. The occurrence of increasing or decreasing block rate systems turns out to be important. With respect to price Elasticities, the use of the discrete-continuous choice approach is relevant in explaining observed differences.
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price and Income Elasticities of residential water demand why empirical estimates differ
2001Co-Authors: J M Dalhuisen, Raymond J G M Florax, Henri L F De Groot, Peter NijkampAbstract:This paper presents a meta-analysis of variations in price and Income Elasticities of residential water demand.Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private policy-making. It is also crucial for effective water demand management. We focus on theapplication of statistical methods to synthesize research results on price and Income Elasticities of residentialwater demand report in the literature. These techniques are generally referred to as meta-analysis. This type ofanalysis constitutes an adequate tool for explaining why empirical estimates of the price and Income elasticity ofresidential water demand vary to such considerable extents. The set of explanatory factors used in themeta-analysis includes variables derived from microeconomic choice theory and moderator variables reflectingdifferences in spatial and temporal dynamics, research design, and statistical quality of the estimates ofpreviously published studies.
Eleonora Lorenzini - One of the best experts on this subject based on the ideXlab platform.
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the price and Income Elasticities of the top clothing exporters evidence from a panel data analysis
Journal of Asian Economics, 2015Co-Authors: Donatella Baiardi, Carluccio Bianchi, Eleonora LorenziniAbstract:Abstract This paper studies the main export function features of twelve top clothing exporters (China, Hong Kong, France, Germany, India, Indonesia, Italy, Netherlands, Spain, Turkey, UK and USA) in the period between 1992 and 2011. Price and Income Elasticities are estimated for each economy using a panel data approach, after controlling for nonstationarity, cointegration and Granger causality. Rolling regressions are also performed, and show the existence of some Elasticities instability over time, fundamentally related to the profound economic and institutional changes affecting the clothing trade in the period under consideration. The analysis suggests that most advanced economies, including Hong Kong, changed their position in the global value chain towards an “organizational” role. China confirms its leadership in clothing exports although its rising price elasticity sounds a warning with regard to future prospects.
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the price and Income Elasticities of the top clothing exporters evidence from a panel data analysis
2014Co-Authors: Donatella Baiardi, Carluccio Bianchi, Eleonora LorenziniAbstract:This paper studies the main export function features of twelve top clothing exporters (China, Hong Kong, France, Germany, India, Indonesia, Italy, Netherlands, Spain, Turkey, UK and USA) in the period between 1992 and 2011. Price and Income Elasticities are estimated for each country using a panel data approach, after controlling for nonstationarity, cointegration and Granger causality. Rolling regressions are also performed, and show the existence of Elasticities instability over time. The analysis suggests that most advanced countries, including Hong Kong, changed their position in the clothing global value chain towards an “organisational” role. China confirms its leadership in clothing exports although its rising price elasticity sounds a warning with regard to future prospects.
