scholarly journals Estimation of Tourism Demand and Supply Functions for Azerbaijan: 2SLS Approach

2021 ◽  
Vol 18 ◽  
pp. 1280-1290
Author(s):  
Gulaliyev G. Mayis ◽  
Guliyeva T. Shafa ◽  
Hajiyeva A. Leyla ◽  
Muradova R. Hijran ◽  
Mammadova I. Ulker
Keyword(s):  
Demand Function ◽  
Price Level ◽  
Tourism Demand ◽  
Demand And Supply ◽  
Income Levels ◽  
Restriction Policy ◽  
Supply Functions

In this paper, there was investigated tourism demand and supply functions in the case of Azerbaijan. The authors have applied the 2SLS method to identify these functions. The authors came to the conclusion that the demand function of tourist trips to Azerbaijan varies depending on the level of income of tourists’ origin countries and the price level in Azerbaijan. Unfortunately, the COVID-19 pandemic impacts not only the restriction policy of origin countries, as well as income in these countries. By decreasing the income levels of the population in these countries will be decreased the number of tourists to Azerbaijan.

Equilibrium pollution and economic development in China

2003 ◽  
Vol 8 (3) ◽  
pp. 451-466 ◽  
Author(s):  
Hua Wang ◽  
David Wheeler
Keyword(s):  
Economic Development ◽  
Industrial Pollution ◽  
Demand Function ◽  
Host Community ◽  
Supply Function ◽  
Industrial Emissions ◽  
Demand And Supply ◽  
Supply Functions ◽  
Chinese Industry ◽  
Environmental Demand

This paper develops and estimates a structural equilibrium pollution model, in which the price and quantity of industrial pollution are jointly determined by the intersection of environmental demand and supply functions. The industrial environmental demand function relates industrial pollution intensity to the local price of pollution, while controlling for characteristics such as sector, scale, and ownership. The local environmental supply function specifies the pollution price imposed by the host community as pollution rises. The model provides a good fit to available data on provincial variations in China's pollution levy, or industrial emissions charge. Our results also suggest that Chinese industry has reduced emissions significantly in response to the levy.

On the Role of Demand in Ricardo and Marshall

1991 ◽  
Vol 13 (2) ◽  
pp. 175-183 ◽  
Author(s):  
Giovanni A. Caravale
Keyword(s):  
Present Note ◽  
Classical Type ◽  
Demand And Supply ◽  
History Of Economics ◽  
Equilibrium Prices ◽  
Supply Functions ◽  
Specific Object ◽  
History Of ◽  
Natural Equilibrium

The present note is a development of a paper I presented some four years ago at the 1987 meeting of the History of Economics Society (Caravale 1987), and that was later published in Rivista di Politico Economica in an expanded version (Caravale 1988). The aim of these two writings was to emphasize that—contrary to what is often maintained—demand conditions play a fundamental role in classical and classical-type theories. This role is different from that played by demand in neoclassical theories (where equilibrium prices are determined by demand and supply functions), and is so to speak “internal” to the theory of natural equilibrium since it is connected with the definition, for each situation, of the Smithian “point of effectual demand.” Before turning to the specific object of this note, let me recall very briefly the main points of the general thesis developed in the above-mentioned papers.

scholarly journals A Keynesian Model Extended by Explicit Demand and Supply Functions for Investment Goods

Econometrica ◽  
1963 ◽  
Vol 31 (4) ◽  
pp. 781
Author(s):  
Balder von Hohenbalken ◽  
Bjoern Thalberg
Keyword(s):  
Demand And Supply ◽  
Keynesian Model ◽  
Supply Functions ◽  
Investment Goods

SOME FURTHER INVESTIGATIONS OF DEMAND AND SUPPLY FUNCTIONS FOR MONEY

1964 ◽  
Vol 19 (2) ◽  
pp. 240-283 ◽  
Author(s):  
Karl Brunner ◽  
Allan H. Meltzer
Keyword(s):  
Demand And Supply ◽  
Supply Functions

Linking tourism flows and biological biodiversity in Small Island Developing States (SIDS): evidence from panel data

2013 ◽  
Vol 18 (4) ◽  
pp. 392-404 ◽  
Author(s):  
Sonja S. Teelucksingh ◽  
Patrick K. Watson
Keyword(s):  
Demand Function ◽  
Environmental Data ◽  
Small Island ◽  
Tourism Demand ◽  
Small Island Developing States ◽  
Tourism Sector ◽  
Endogenous Covariates ◽  
Terrestrial Biodiversity ◽  
Time Invariant ◽  
Tourism Flows

AbstractSmall Island Developing States (SIDS) are characterized by high levels of biodiversity that are under threat. Simultaneously, the tourism sector plays a key role in many of these economies. In this paper, the Hausman-Taylor estimator is used to investigate a tourism demand function in SIDS in which marine and terrestrial biodiversity play a key role, in addition to the traditional economic and price variables. This estimator allows for both the presence of time-invariant variables, a standard feature of environmental data, and the existence of endogenous covariates. Levels of biodiversity are found to have a significant influence on tourism in SIDS and, in particular, a test for redundant variables shows that the biodiversity variables are jointly significant. This justifies their inclusion in a tourism demand function, over and above the conventional economic factors, and points to the importance of national and international policy in protecting the biodiversity of SIDS.

Demand and supply functions for money in Canada

1982 ◽  
Vol 9 (2) ◽  
pp. 249-261 ◽  
Author(s):  
Dinesh K. Marothia ◽  
William E. Phillips
Keyword(s):  
Demand And Supply ◽  
Supply Functions

scholarly journals Analysis of Recent Rice Price Dynamics in Bangladesh: Causes and Policy Options

2021 ◽  
pp. 54-69
Author(s):  
Mohammad Chhiddikur Rahman ◽  
Md. Abdur Rouf Sarkar ◽  
Md. Abdus Salam ◽  
Jahangir Alam ◽  
Md. Mosharraf Uddin Molla ◽  
...  
Keyword(s):  
Food Security ◽  
Price Level ◽  
Technological Advancement ◽  
Policy Options ◽  
Demand And Supply ◽  
Food Security Status ◽  
The Social ◽  
The World ◽  
Increasing Trend ◽  
Price Hike

Rice availability and affordability are the key determinants of food security in Bangladesh. Therefore, it becomes the most important crop for the social and political economy of the country. Although a tremendous technological advancement contributed to the increasing trend of rice production, its affordability threatened due to the increasing price at the consumers’ level. The recent natural calamities and COVID-19 have worsened the food security status across the world. This research has estimated the demand and supply of rice in the pandemic era and figured out the drivers of recent price hike both in the producers’ and consumers’ levels using empirical and cognitive approaches. Based on the findings, some actionable policy options have been suggested to address the price level of rice in Bangladesh towards sustaining food security.

Sign in / Sign up

Export Citation Format

Share Document