N. Gregory Mankiw’s scientific contributions

... Source: As adapted from Mankiw (2021) Furthermore, the efficacy of specific taxes is fundamentally time-bound as their effects on prices are subsumed by inflationary pressures (i.e., increases in the prices of SSBs erode the magnitude of the effect of specific taxes on SSBs). Put more simply, the demand response to a specific tax is expected to decrease over time. ...

Reference:

An Empirical Evaluation of the Sugar-Sweetened Beverage Tax and its Implications on Health Policy and Tax Revenues

... The aggregated structures, equipment or produced assets that are used to produce goods and services is called physical capital, or just capital [57]. To distinguish this type of capital here it is called durable or manufactured capital. ...

Reference:

Five capital impact assessment Appraisal framework based on theory of sustainable well-being

... Also, linkage price reduction effect on non-winning products was detected [15,44,45]. According to the consumer behaviour theory, changes in commodity prices affect the consumed quantity through the income effect and substitution effect, and the consumption of cut-price goods would increase [46]. Thus, we assume a significant correlation between price decline of policy-covered drugs and its consumption increase under the VBP policy with the following research hypotheses: ...

Reference:

Increased consumption of cardiovascular drugs under volume-based procurement (VBP) policy: demand release or assessment inducing?

... According to quantity theory, the amount of money circulating in society determines the value of money and the growth of the money supply determines the inflation rate (Mankiw, 2021). In 2020 the amount of money in circulation was 6,900,050 billion rupiah, an increase of 7,870,453 billion rupiah in 2021. ...

Reference:

Inflation and policy response: A case study of Indonesia during the Covid-19 pandemic

... En cuanto a la teoría de la adicción racional, Meneses et al. [4] menciona que Becker y Murphy explican que un consumidor adicto es considerado racional si es consciente de las consecuencias futuras de su consumo actual, pero prioriza la satisfacción inmediata, aun conociendo las consecuencias negativas que conlleva un bien adictivo perjudicial, como lo es el tabaco. Mankiw [5] aborda la teoría de la elección del consumidor, señalando que las decisiones de compra implican sacrificios, ya que adquirir más de un bien reduce la capacidad de obtener otros, por ejemplo, al elegir gastar en cigarros, se sacrifica un porcentaje del ingreso que puede ser destinado a otro rubro, como la salud. Con base a esta teoría, se toma la decisión de consumo a través de un análisis costo-beneficio, de acuerdo con Mankiw [4] los agentes determinan su nivel de consumo buscando maximizar su utilidad, en el proceso, influyen factores determinantes como la publicidad, la información disponible, o la restricción presupuestaria. ...

Reference:

El ingreso como determinante en el gasto en tabaco. Análisis 2020-2022

... Where # " is the composite index of ( = 1 6); # is the number of variables in ; and y # is the subset of the indicators associated with . The price indicator is calculated as 1 − 2, considering the law of demand (the quantity demanded of a good decreases when the price increases) and the feasibility of substitution in the competitive market (Mankiw, 2011). Finally, the six indicators are aggregated into a tourism competitiveness index as follows: ...

Reference:

Ecotourism Services: A Competitiveness Analysis in Cundinamarca (Colombia)