abstract this study reviews the direct and indirect effects of higher energy and bread prices (due to removing their subsidies and paying their equivalent in cash instead). therefore, all consumer goods were classified into 6 groups and a linear expenditure system was estimated based on households’ budget data of 2009 and 2011 for urban and rural areas separately. the results indicate that high...

iran has experienced high food prices in recent years. this paper examines the welfare impacts of rising major food groups' prices on iranian urban households using quadratic almost ideal demand system (quaids) approach. the elasticity coefficients derived from quaids are used to estimate compensated variations (cv).the study uses iranian household expenditure and income survey (heis) raw data,...

Iran has experienced high food prices in recent years. This paper examines the welfare impacts of rising major food groups' prices on Iranian urban households using Quadratic Almost Ideal Demand System (QUAIDS) approach. The elasticity coefficients derived from QUAIDS are used to estimate Compensated Variations (CV).The study uses Iranian Household Expenditure and Income Survey (HEIS) raw data,...

At the household level, livestock plays a critical economic and social role in pastoralists and at the household level, livestock plays a critical economic and social role in pastoralists and smallholder farm households. The objectives of this study were to analyze factors affecting participation in cattle fattening and its impacts on household income in Fadis district of Eastern Hararghe. Both...

The equivalent variation and the compensating variation, introduced by John R. Hicks (1939), are used in demand theory to monetize the effect of a given welfare change on a consumer. The compensating variation C corresponds to the consumer’s willingness to pay (WTP) to effectuate the welfare change, while the equivalent variation E measures the consumer’s willingness to accept (WTA) to reverse ...

High energy density requirements for fieldable electric gun applications have led to the development of air-core compulsators which utilize hybrid metal/composite rotor designs. In addition to supporting the required generator windings, these rotors also must store large amounts of kinetic energy. To satisfy energy density requirements, the tip speeds of the electric gun class compulsator rotor...

This paper derives optimal income tax formulas using compensated and uncompensated elasticities of earnings with respect to tax rates. A simple formula for the high income optimal tax rate is obtained as a function of these elasticities and the thickness of the top tail of the income distribution. In the general non-linear income tax problem, this method using elasticities shows precisely how t...

Performance testing of the model-scale CPA was recently completed at the University of Texas Center for Electromechanics. A major part of the project was the development of design and simulation codes that would accurately represent the performance of pulsed alternators. This paper discusses the components of the system and its operational sequence. Details of the performance simulation model a...