Showing 1 - 10 of 27
This Paper analyses the impact of retail mergers on product variety. We show that a merging firm may want to enhance its buyer power vis a vis suppliers by delisting products and committing to a ‘single-sourcing’ purchasing strategy. Anticipating this, suppliers will strategically choose to...
Persistent link: https://www.econbiz.de/10005791918
We develop a model of competition between retailer chains with a structural estimation of the demand and supply in the supermarket industry in France. In the model, supermarkets compete in price and brand offer over all food products to attract consumers, in particular through the share of...
Persistent link: https://www.econbiz.de/10008530346
This Paper investigates how the formation of larger buyers affects a supplier's profits and, by doing so, his incentives to undertake non-contractible activities. We first identify two channels of buyer power, which allows larger buyers to obtain discounts. We subsequently examine the effects of...
Persistent link: https://www.econbiz.de/10005661473
This Paper develops an argument explaining why retail prices may rise in response to the deregulation of opening hours. We make this point in a model of imperfect duopolistic competition. In a deregulated market retailers view the choice of opening hours as a means to increase the degree of...
Persistent link: https://www.econbiz.de/10005497961
This paper examines the effect of Wal-Mart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by firm interviews that suggested substantial heterogeneity across firms in how they responded to Wal-Mart's entry, we develop a dynamic industry model in which firms decide whether...
Persistent link: https://www.econbiz.de/10009275963
producer for consumer electronics. We observe input prices of firms, and all their moves in the entry and the pricing game over …
Persistent link: https://www.econbiz.de/10011083898
This Paper studies the role played by distribution costs in shaping the behaviour of the real exchange rate during … exchange-rate-based stabilizations. We document that distribution costs are very large for the average consumer good: the … represent more than 40% of the retail price in the US and 60% of the retail price in Argentina. Distribution services require …
Persistent link: https://www.econbiz.de/10005791855
The paper examines the welfare gains from North-South trade and their distribution. We construct an endogenous growth …
Persistent link: https://www.econbiz.de/10005792247
A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent …
Persistent link: https://www.econbiz.de/10005792370
The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labour productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...
Persistent link: https://www.econbiz.de/10005114196