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One of the most important shortcomings of the input output analytical framework is that technical coefficients and the coefficients of physical factors, e.g., GHG emissions and energy inputs do not change as a result of energy subsidy induced price changes.
To simulate the effect of a tax induced price rise, we estimated price elasticities.
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Inflation is lower and wages are much less likely to follow energy-induced price rises, so central banks need not respond as forcefully.
The negative perception of street view induced a price reduction by 3.7%.
Moreover, the introduction of the new Health Insurance Act induced strong price competition among health insurers, resulting in an overall loss of on average 1.5% of total premium revenues of basic insurance in the period 2006 2008 [ 6– 9].
More important, if a hot stock market starts to push up interest rates, you've bought yourself some immunity against a rate-induced price decline, since convertibles are not pure debt.
A 13.2 ¢/gallon tax increase, corresponding to a $15/tCO2 carbon tax, is found to cause, in the long run, a reduction in gasoline demand that is about seven times as big as that induced by an equal market-induced price increase.
Long term response models tend to underestimate short-term demand response when induced by prices.
In 2009 and 2010, the price competition induced by reference pricing and extended generic substitution generated substantial savings in Finland both in the sales of medicines and the reimbursement expenditures, and the total savings were greatest in the antipsychotics group [31],[31].
They also have matching nosebleed-inducing prices: $600.
TOTALLY DISCREET The salespeople hover quietly, and the nosebleed-inducing prices are difficult to find.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com