Empirical work on price-cost margins often treats costs as exogenous. Allowing for endogenous costs when estimating price-cost margins is the topic of this paper. Methodologically, the endogenous cost model we propose leads to an additional equation that allows for the simultaneity in price setting in the product and the input market (labor in our case). In other words, the usual two-equation set-up ...
In Germany a national travel survey (NTS) was planned for 2002 and was preceded by a pilot study in 2001. As part of this pilot study the state of the practice for NTS in several countries was examined through contact with relevant institutions and persons via the Internet. A structured questionnaire was used for these consultations. The participants in nine countries provided the relevant information ...