Economic Papers最新文献_第3页

Interplay of Status Perception, Visible Inequality, Conspicuous Consumption, and Food Expenditure: Evidence from Consumer Pyramid Household Survey of Indian Households* 身份观念、明显不平等、炫耀性消费和食品支出的相互作用：来自印度家庭消费者金字塔住户调查的证据*

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Economic Papers Pub Date : 2024-04-22 DOI: 10.1111/1759-3441.12415

Vivek Jadhav, Sacchidananda Mukherjee

{"title":"Interplay of Status Perception, Visible Inequality, Conspicuous Consumption, and Food Expenditure: Evidence from Consumer Pyramid Household Survey of Indian Households*","authors":"Vivek Jadhav, Sacchidananda Mukherjee","doi":"10.1111/1759-3441.12415","DOIUrl":"10.1111/1759-3441.12415","url":null,"abstract":"This study delves into the intricate interplay between visible inequality, conspicuous consumption, and food consumption in Indian households. Leveraging data from the Consumer Pyramids Household Survey (CPHS) provides significant insights. Through empirical analyses, including panel data analysis and instrumental variable panel data analysis, this study supports the hypothesis that there exists a relationship between visible inequality and conspicuous consumption among Indian households. The positive coefficients linked to conspicuous consumption variability reinforce established theories concerning the impact of status perception on spending behaviour. This study reveals a noteworthy adverse effect of visible inequality on essential expenditures, particularly food consumption, highlighting the delicate balancing act that households navigate between status-driven spending and meeting fundamental needs. By employing instrumental variable regression models to address endogeneity concerns, this study robustly confirms the relationship between visible inequality and conspicuous consumption. This study emphasises the nuanced relationship between status-oriented spending, visible inequality, and essential expenses in Indian households.","PeriodicalId":45208,"journal":{"name":"Economic Papers","volume":"43 4","pages":"342-369"},"PeriodicalIF":0.9,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140674391","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Familial Reputation, Bias and Impartial Arbitrators “on the Field”* 家族声誉、偏见和 "在现场 "的公正仲裁员 *

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Economic Papers Pub Date : 2024-03-29 DOI: 10.1111/1759-3441.12413

Liam J. A. Lenten, Adrian J. Barake, Mark F. Stewart

引用次数: 0

Ten Lessons for Economic Policymakers* 给经济政策制定者的十个教训*

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Economic Papers Pub Date : 2024-03-23 DOI: 10.1111/1759-3441.12409

Andrew Leigh

引用次数: 0

COVID-19 and Efficiency, Technology and Productivity Change in Australian Private Health Insurance Funds* COVID-19 和澳大利亚私人医疗保险基金的效率、技术和生产力变化*

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Economic Papers Pub Date : 2024-03-20 DOI: 10.1111/1759-3441.12412

Andrew C. Worthington, Lan Nguyen

{"title":"COVID-19 and Efficiency, Technology and Productivity Change in Australian Private Health Insurance Funds*","authors":"Andrew C. Worthington, Lan Nguyen","doi":"10.1111/1759-3441.12412","DOIUrl":"10.1111/1759-3441.12412","url":null,"abstract":"We calculate efficiency change, technological progress and productivity growth in Australian private health insurance (PHI) funds using Malmquist indices from 2016/2017 to 2021/2022. Starting in January 2020, the COVID-19 pandemic and the various policy responses to it brought significant disruption to the PHI industry with restrictions placed on elective surgery, and hence insured hospital days, and the use of extras cover for dental, physiotherapy, optical and other services. Lockdowns also saw PHI funds implement work-from-home arrangements and invest to improve policyholder services; the share of Australians with PHI cover grew counter to trend; global financial markets experienced significant volatility, impacting PHI investment revenue and PHI funds delayed even refunded premiums to offset financial pressures on policyholders. We show that productivity declined during the first 18 months of the pandemic and then grew very strongly. We also find the typical PHI fund is 36.5% more productive at the end of the period than the beginning, with most gains being technological (38.3%), involving a large upward shift in the industry frontier, countering much smaller losses from scale (−0.2%) and pure technical (−1.1%) inefficiency. This suggests that the PHI industry responded well to the disruption associated with the COVID-19 pandemic.","PeriodicalId":45208,"journal":{"name":"Economic Papers","volume":"43 2","pages":"169-183"},"PeriodicalIF":0.9,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1759-3441.12412","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140227573","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Missing Linkages and Jobless Growth in India: An Econometric Analysis 印度的缺失联系与失业增长：计量经济学分析

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Economic Papers Pub Date : 2024-03-13 DOI: 10.1111/1759-3441.12410

Hariom Arora, Kalandi Charan Pradhan, Ruchi Sharma

{"title":"Missing Linkages and Jobless Growth in India: An Econometric Analysis","authors":"Hariom Arora, Kalandi Charan Pradhan, Ruchi Sharma","doi":"10.1111/1759-3441.12410","DOIUrl":"10.1111/1759-3441.12410","url":null,"abstract":"This study aims to empirically validate the theories of missing linkages among major economic sectors (agriculture, industry and service) and jobless growth in the context of Indian economy using the RBI-KLEMS database for the period 1980–2018. The study employs the ARDL framework to identify both short-run and long-run relationships between sectoral employment elasticity and sectoral share of value-added with other covariates (specifically macroeconomic factors). Our empirical findings validate the prevalence of theory of missing linkages and jobless growth. Further, we found that weak linkages exist between agriculture, industry and service sectors. However, industry and services have strong interlinkages, whereas industry and agriculture have weak linkages, which leads to weak linkages between services and agriculture. Additionally, it was observed that macroeconomic factors do not exhibit a short-term relationship with employment elasticities in explaining missing linkages. In fact, macroeconomic factors demonstrate a substantial long-term association. Based on these interlinkages, the study proposes the potential for policies to stimulate growth across sectors. Nonetheless, policies aimed at improving the productivity of the primary sector remain a prominent solution.","PeriodicalId":45208,"journal":{"name":"Economic Papers","volume":"43 3","pages":"257-286"},"PeriodicalIF":0.9,"publicationDate":"2024-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140247054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

‘Fledgling Financial Needs’, Affordability and Attitudes as Drivers of Noninsurance Among Young Australians* 澳大利亚年轻人不投保的驱动因素--"雏形财务需求"、经济承受能力和态度*

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Economic Papers Pub Date : 2024-03-12 DOI: 10.1111/1759-3441.12411

Evgenia Bourova, Ian Ramsay, Paul Ali

{"title":"‘Fledgling Financial Needs’, Affordability and Attitudes as Drivers of Noninsurance Among Young Australians*","authors":"Evgenia Bourova, Ian Ramsay, Paul Ali","doi":"10.1111/1759-3441.12411","DOIUrl":"10.1111/1759-3441.12411","url":null,"abstract":"Building, home contents and comprehensive car insurance promise protection against loss or damage from fire, flooding, accident and theft. In Australia, young people aged 18–24 are among the groups most likely to forego these insurance products. Yet research on the reasons for this remains limited, as noninsurance among young people is attributed to their dependent or ‘fledgling’ life stage, with minimal income and assets warranting protection. In this article, we argue that noninsurance may have serious consequences for young people, particularly if they have limited savings and cannot count on financial assistance from their families. Drawing upon survey findings, we undertake an in-depth investigation into the role of asset levels, affordability and attitudes in driving young people to forego insurance. Our findings suggest that young people are not especially predisposed to distrust insurers, to consider insurance inessential or to oppose insurance on principle. However, other attitudes—including lesser risk aversion, higher confidence in their capacity to mitigate risks and perceptions of insurance as irrelevant to their circumstances or ‘not for them’—may be more prevalent in this age group, driving them to remain uninsured even when they have assets warranting protection and sufficient income to offset affordability concerns.","PeriodicalId":45208,"journal":{"name":"Economic Papers","volume":"43 2","pages":"145-168"},"PeriodicalIF":0.9,"publicationDate":"2024-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1759-3441.12411","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140248241","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Long-Term Economic Impact of Abenomics: Evidence from the Synthetic Control Method 安倍经济学的长期经济影响：合成控制法的证据

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Economic Papers Pub Date : 2024-01-17 DOI: 10.1111/1759-3441.12408

Josh Matti

引用次数: 0

Therapeutic Substitution in Response to Patent Expiry? Statins in Australia* 专利到期后的治疗替代？他汀类药物在澳大利亚*

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Economic Papers Pub Date : 2023-12-09 DOI: 10.1111/1759-3441.12407

Christopher Bates, Susan J. Méndez

{"title":"Therapeutic Substitution in Response to Patent Expiry? Statins in Australia*","authors":"Christopher Bates, Susan J. Méndez","doi":"10.1111/1759-3441.12407","DOIUrl":"10.1111/1759-3441.12407","url":null,"abstract":"This study aims to investigate the effects of generic entry on the market share of different statins. We use administrative records from a representative sample of Australians between 2003 and 2014 and analyse over 21 million prescriptions to quantify the change in the total market share of each statin after experiencing generic entry for the first time. With detailed information on patients' benefits and prices, we also estimate potential savings from increasing the use of statins where generics became available. Our results indicate that despite the price decrease, the market share of the molecule experiencing generic entry does not significantly increase, and there is some evidence of substitution away from statins with generic availability. For the most commonly used molecules, this association is stronger in patients receiving higher government subsidies. We calculate potential savings of A$17 million if patients had initiated treatment with the most prescribed off-patent statin rather than a patent-protected statin. Generic entry after patent expiry presents an opportunity for a significant reduction in pharmaceutical expenditure if these are preferred. This study highlights the importance of improving prescription systems that help doctors recommend lower cost, clinically appropriate alternatives and enhance the effectiveness of policies promoting generic substitution.","PeriodicalId":45208,"journal":{"name":"Economic Papers","volume":"43 2","pages":"112-123"},"PeriodicalIF":0.9,"publicationDate":"2023-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1759-3441.12407","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138585779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Do Child Marriage Programs Help Girls Weather Shocks Like COVID-19? Evidence from the More Than Brides Alliance Intervention* 童婚计划是否有助于女孩抵御 COVID-19 等冲击？来自 "不只是新娘联盟 "干预措施的证据*。

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Economic Papers Pub Date : 2023-11-22 DOI: 10.1111/1759-3441.12406

Andrea J. Melnikas, Grace Saul, Neelanjana Pandey, Momoe Makino, Sajeda Amin, Michelle Chau

{"title":"Do Child Marriage Programs Help Girls Weather Shocks Like COVID-19? Evidence from the More Than Brides Alliance Intervention*","authors":"Andrea J. Melnikas, Grace Saul, Neelanjana Pandey, Momoe Makino, Sajeda Amin, Michelle Chau","doi":"10.1111/1759-3441.12406","DOIUrl":"https://doi.org/10.1111/1759-3441.12406","url":null,"abstract":"This paper contributes to the evidence base on the impact of the COVID-19 on child marriage prevalence and on the protective potential of girl-centred, community-level interventions in buffering communities against aggregate shocks. Drawing on data from repeat cross-sectional surveys completed with adolescent girls aged 12–19 in 609 villages in four states in India as a part of the More Than Brides Alliance impact evaluation, we examine whether the intervention appears to have impacted child marriage prevalence over its 5-year implementation period, whether the onset of COVID-19 affected ongoing trends in child marriage prevalence, and whether the intervention appeared to have buffered against increased child marriage risk resulting from the pandemic. Results show that significant differences emerged between treatment and control villages between midline and endline—and these differences were larger following the onset of COVID-19—suggesting both that the treatment was successful in preventing child marriage and that the intervention had a protective effect. Results suggest that girl-centred, community-based interventions can help communities to weather environmental shocks and protect girls against potential increased child marriage risk during times of acute crisis.","PeriodicalId":45208,"journal":{"name":"Economic Papers","volume":"42 4","pages":"395-407"},"PeriodicalIF":0.9,"publicationDate":"2023-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138558273","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Does Stress Make You Less Neighbourly?* 压力是否会降低你的邻里关系？

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Economic Papers Pub Date : 2023-11-08 DOI: 10.1111/1759-3441.12405

Anna Ploszaj

引用次数: 0