4 ms·
A bit off-topic, but there was a study recently claiming Giffen behaviour in China concerning rice staples. The classic textbook case of the Irish potato famine
by vitaminj 18y ago
A bit off-topic, but there was a study recently claiming Giffen behaviour in China concerning rice staples. The classic textbook case of the Irish potato famine was always difficult (if not impossible) to prove, but this is apparently some evidence of the existence of Giffen goods.
Link:
http://ideas.repec.org/p/nbr/nberwo/13243.html http://ideas.repec.org/p/nbr/nberwo/13243.html
- kleevr 18y agoI can't quite place a trace, but some thing you said resounded a bit poetic.