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    <title>EconStor Collection: Kieler Arbeitspapiere, IfW</title>
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  <item rdf:about="http://hdl.handle.net/10419/73677">
    <title>Household formation and residential energy demand: Evidence from Japan</title>
    <link>http://hdl.handle.net/10419/73677</link>
    <description>Title: Household formation and residential energy demand: Evidence from Japan
&lt;br/&gt;
&lt;br/&gt;Authors: Schröder, Carsten; Rehdanz, Katrin 13587193X; Narita, Daiju; Okubo, Toshihiro
&lt;br/&gt;
&lt;br/&gt;Abstract: We use a large household panel for Japan (Keio Household Panel Survey) to estimate household-size economies in energy consumption. The household-size economies we obtain are significant and sizable: the per-capita energy-related spending of a two-adult household is only about two-thirds of the expenditure of a one-adult household. We use the estimates of household-size economies to explore how the demographic trend toward smaller-sized household units changes energy demand in the Japanese household sector. Between 2005 and 2010, for example, average household size in Japan decreased by about five percent. The resulting economy-wide loss in household-size economies increased energy demand in the household sector by about four percent.</description>
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  <item rdf:about="http://hdl.handle.net/10419/73676">
    <title>A bargaining theory of trade invoicing and pricing</title>
    <link>http://hdl.handle.net/10419/73676</link>
    <description>Title: A bargaining theory of trade invoicing and pricing
&lt;br/&gt;
&lt;br/&gt;Authors: Goldberg, Linda; Tille, Cédric
&lt;br/&gt;
&lt;br/&gt;Abstract: We develop a theoretical model of international trade pricing in which individual exporters and importers bargain over the transaction price and exposure to exchange rate fluctuations. We find that the choice of price and invoicing currency reflects the full market structure, including the extent of fragmentation and the degree of heterogeneity across importers and across exporters. Our study shows that a party has a higher effective bargaining weight when it is large or more risk tolerant. A higher effective bargaining weight of importers relative to exporters in turn translates into lower import prices and greater exchange rate pass-through into import prices. We show the range of price and invoicing outcomes that arise under alternative market structures. Such structures matter not only for the outcome of specific exporter-importer transactions, but also for aggregate variables such as the average price, the average choice of invoicing currency, and the correlation between invoicing currency and the size of trade transactions.</description>
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  <item rdf:about="http://hdl.handle.net/10419/73675">
    <title>Does migration raise agricultural investment? An empirical analysis for rural Mexico</title>
    <link>http://hdl.handle.net/10419/73675</link>
    <description>Title: Does migration raise agricultural investment? An empirical analysis for rural Mexico
&lt;br/&gt;
&lt;br/&gt;Authors: Böhme, Marcus
&lt;br/&gt;
&lt;br/&gt;Abstract: The effect of remittances on capital accumulation remains a contested topic. This paper uses a panel data set from rural Mexico to investigate the impact of remittances on agriculture and livestock investments. After controlling for the endogeneity of migration through an instrumental variable estimation our empirical results show that international migration has a significantly positive effect on the accumulated agricultural assets but not on livestock capital. This suggests that households use the capital obtained from international migration only to overcome liquidity constraints for subsistence production whereas migration itself seems to be the superior investment option compared to other productive activities such as livestock husbandry.</description>
  </item>
  <item rdf:about="http://hdl.handle.net/10419/73675">
    <title>Does migration raise agricultural investment? An empirical analysis for rural Mexico</title>
    <link>http://hdl.handle.net/10419/73675</link>
    <description>Title: Does migration raise agricultural investment? An empirical analysis for rural Mexico
&lt;br/&gt;
&lt;br/&gt;Authors: Böhme, Marcus
&lt;br/&gt;
&lt;br/&gt;Abstract: The effect of remittances on capital accumulation remains a contested topic. This paper uses a panel data set from rural Mexico to investigate the impact of remittances on agriculture and livestock investments. After controlling for the endogeneity of migration through an instrumental variable estimation our empirical results show that international migration has a significantly positive effect on the accumulated agricultural assets but not on livestock capital. This suggests that households use the capital obtained from international migration only to overcome liquidity constraints for subsistence production whereas migration itself seems to be the superior investment option compared to other productive activities such as livestock husbandry.</description>
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