technologically recoverable through the use of hydraulic fracturing and horizontal drilling. I use this to estimate the localised … evidence that the resource boom may give rise to local comparative advantage, through locally lower energy cost. This allows a …

must periodically reduce prices in order to sustain collusion when goods are storable and the market is large. The largest … equilibrium profits are characterized at any market size. A trade-o¤ between the size of the industry and its profits arises …

buyers have heterogeneous storage technologies, periodic sales may facilitate collusion by magnifying intertemporal linking …

market power. To investigate price elasticities we use model-level panel data on transaction prices, sales and … micro-based estimates of the market level elasticity of demand for work group servers are around 0.3 to 0.6 (compared to 1 … sufficiently low to imply a distinct “anti-trust” market for work group servers and their operating systems. It is unsurprising …

in the quality and quantity of the network server market. Like Pakes’ (2003) analysis of the PC market, we show that our …

a public service: cost-reducing "collusive" corruption and cost increasing "coercive" corruption. Using an original and …

data for Britain. Exposure to transport improvements is measured by changes in employment accessibility along the road …

transport services, we employ the structural panel VAR method that is popular in the macroeconomic literature, but which has not … economic outcomes and supply of transport infrastructure mutually determine each other. Both transport demand and supply seem …