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Consumer demand with unobservable product attributes
Discussion Papers no. 166
This paper develops a new framework for empirical modelling of consumer demand with particular reference to products that are differentiated with respect to quality and location attributes. The point of departure is a flexible representat...
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Potential demand for alternative fuel vehicles
Discussion Papers no. 165
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Soil wealth in Tanzania
Discussion Papers no. 164
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Soil conservation as an investment in land
Discussion Papers no. 163
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Poverty, land degradation and climatic uncertainty
Discussion Papers no. 162
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Soil conservation as an investment in land
Discussion Papers no. 163
Most studies on the problem of optimal soil conservation have analyzed soil conservation measures as being time-limited in their effect. This paper extends previous analyses of the soil conservation decision by allowing farmers to make in...
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Monopolistic competition, resource allocation and the effects of industrial policy
Discussion Papers no. 161
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Potential demand for alternative fuel vehicles
Discussion Papers no. 165
This paper analyzes the potential household demand for alternative fuel vehicles in Norway, by applying data from a stated preference survey. The alternative fuel vehicles we consider are liquid propane gas and electric powered vehicles i...
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Monopolistic competition, resource allocation and the effects of industrial policy
Discussion Papers no. 161
An indicator of allocation effects of industrial policy is derived from a theoretical framework of monopolistic competition. The indicator gives a qualitative picture of how industrial policy affects industry structure and resource alloca...
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Aggregation when markets do not clear
Discussion Papers no. 139
This paper presents a method for aggregation across markets in a Non-Walrasian model, focusing mainly on labor markets. The method utilizes a probabilistic approach based on aggregating across virtual price functions instead of demand fun...
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Distribution of preferences and measurement errors in a disaggregated expenditure system
Discussion Papers no. 149
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Distribution of preferences and measurement errors in a disaggregated expenditure system
Discussion Papers no. 149
A complete system of consumer expenditure functions with 28 commodity groups is modelled and estimated by means of Norwegian household panel data. Measurement errors are carefully modelled. Total consumption expenditure is modelled as a l...
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Noisy signals in target zone regimes
Discussion Papers no. 160
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Noisy signals in target zone regimes
Discussion Papers no. 160
Previous empirical evidence indicates that uncovered interest rate parity (UIP) does not hold for target zone exchange rates, like those in the European Monetary System and in the Nordic countries. We explore a target zone model where the...
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Import price formation and pricing to market
Discussion Papers no 157
This paper investigates the determinants of Norwegian import prices of manufactures over the period 1970(1) - 1991(4). Multivariate cointegration analysis establishes a long-run relationship between import prices, foreign prices, the exch...
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