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-functioning. However, an important role of centralized markets is matching heterogeneous products, such as fish, to buyers of these … products. The high level of differentiation in the Fulton fish market and the institutional structure at the Fulton market has …
Persistent link: https://www.econbiz.de/10005136669
We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …
Persistent link: https://www.econbiz.de/10005036234
(OLS) is the recommended estimation procedure. Supply to a daily fish market is determined by the previous night’s catch …, so this would appear to be a good example of a recursive market. Despite this, data from the Fulton fish market are …
Persistent link: https://www.econbiz.de/10005504667
This paper investigates spatial variations in product prices using an exhaustive micro dataset on fish transactions …. The data record all transactions between vessels and wholesalers that occur on local fish markets in France during the … year 2007. Spatial disparities in fish prices are sizable, even after fish quality, time, seller and buyer unobserved …
Persistent link: https://www.econbiz.de/10011083488
This paper estimates the effect of the decision to import intermediate goods and capital equipment on Total Factor Productivity (TFP) at the firm level on a panel of Spanish firms covering the period between 1991 and 2002. We use two alternative approaches. In the first, we estimate TFP using...
Persistent link: https://www.econbiz.de/10004972170
and the import behaviour of their employing firms. First, a model shows that the impact of firms’ imports on workers … employer-employee data source that contains information on firms’ inputs, including imports by type of product and by country …, firms own imports of the same goods ‘protect’ its workers through a hold-up effect. The total effect is negative for most …
Persistent link: https://www.econbiz.de/10005123663
What is the effect of imports on productivity? To answer this question, we estimate a structural model of producers … heterogenous firms, producers choose to import or purchase domestically varieties of intermediate inputs. Imports affect firm … varieties imported. Our results suggest that the role of imports is both statistically and economically significant. Imports are …
Persistent link: https://www.econbiz.de/10005497802
This paper investigates the behaviour of Korean trade flows during the last three decades, and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables, and assesses the relative merits of these alternative...
Persistent link: https://www.econbiz.de/10005497842
. The starting point is the traditional channel through exports and imports known as the "locomotive". The intertemporal …
Persistent link: https://www.econbiz.de/10005498185
Open-loop Nash extraction plans of exhaustible resource producers (in which producers take the plans of others as given) are time-consistent, but the normal specification of the open-loop import plans of countries with market power (in which countries take the import tariffs of other importers...
Persistent link: https://www.econbiz.de/10005281403