In social project appraisal, the policy profile of both distributional welfare weights and the
social discount rate has risen considerably in recent years. This fact has important …

Comparisons of aggregate health expenditure across different countries have become
popular over the last three decades as they permit a systematic investigation of the impact of …

A century ago, Thorstein Veblen introduced socially contingent consumption into the
economic literature. This paper complements the scarce empirical literature by testing his …

Current econometric research on the determinants of health care spending is characterized
by three serious shortcomings: a lack of attention to dynamics, a failure to deal with …

Food demand elasticities are crucial parameters in the calibration of simulation models used
to assess the impacts of political reforms or to analyse long-term projections, notably in …

A basic assumption of the hedonic technique is that there are no barriers to mobility that
prevent prices changing to reflect the net benefits of a given location. But climate variables …

This paper analyses the similarities in consumption patterns of consumers in ten Asian
countries, utilising three well-known system-wide demand models, namely, Rotterdam, CBS …

Structural factors are important when it comes to explaining tourism growth. In this
connection, crucial roles are played by structural change in demand and differentials …

This paper sets out to estimate discount rates for EU members, on a consistent time
preference basis, for application in the appraisal of social projects. The value of the discount …

This article addresses a number of key problems commonly confronted in the literature on
international demand analysis. These include data issues and requirements, multistage …