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Distribution Costs and Real Exchange Rate Dynamics During Exchange-Rate-Based-Stabilizations

Burstein, Ariel T. - 2000

This paper studies the role played by the distribution sector in shaping the behavior of the real exchange rate during exchange-rate-based-stabilizations. We use data for the U.S. and Argentina to document the importance of distribution margins in retail prices and disaggregated price data to...

Persistent link: https://www.econbiz.de/10012470881

Oil Prices and the Terms of Trade

Backus, David K. - 1998

The combination of substantial terms of trade variability and unstable correlation patterns of trade prices with output … and trade volumes has led some to suggest a break in the link between trade volumes and prices. We find that oil accounts … for much of the variation in the terms of trade over the last twenty five years and its quantitative role varies …

Persistent link: https://www.econbiz.de/10012472116

Productivity Measurement for a Distribution Firm

Diewert, W. Erwin - 1994

The paper derives a consistent accounting framework for the treatment of inventories when measuring the productivity of a distribution firm. The average purchase price of an inventory item during an accounting period must be distinguished from its average selling price and these two average...

Persistent link: https://www.econbiz.de/10012474108

Islam, Inequality and Pre-Industrial Comparative Development

Michalopoulos, Stelios - 2015

This study explores the interaction between trade and geography in shaping the Islamic economic doctrine. We build a … model where an unequal distribution of land quality in presence of trade opportunities conferred differential gains from … trade across regions, fostering predatory behavior by groups residing in the poorly endowed territories. We show that in …

Persistent link: https://www.econbiz.de/10012457162

A Gains from Trade Perspective on Macroeconomic Fluctuations

Beaudry, Paul - 2011

Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …

Persistent link: https://www.econbiz.de/10012461366

Product Choice and Product Switching

Bernard, Andrew B. - 2003

This paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by U.S. manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than...

Persistent link: https://www.econbiz.de/10012468909

Keeping it Fresh : Strategic Product Redesigns and Welfare

Blonigen, Bruce A. - 2013

Product redesigns happen across virtually all types of products. While there is substantial evidence that new varieties of goods increase welfare, there is little evidence on the effect of product redesigns. We develop a model of redesign and exit decisions in a dynamic oligopoly model (a la...

Persistent link: https://www.econbiz.de/10012459665

Market Size, Competition, and the Product Mix of Exporters

Mayer, Thierry - 2011

We build a theoretical model of multi-product firms that highlights how competition across market destinations affects both a firm's exported product range and product mix. We show how tougher competition in an export market induces a firm to skew its export sales towards its best performing...

Persistent link: https://www.econbiz.de/10012461698

Overcoming the common pool problem through voluntary cooperation : the rise and fall of a fishery cooperative

Deacon, Robert T. - 2010

We analyze a seldom used, but highly promising form of rights-based management over common pool resources that involves the self-selection of heterogeneous fishermen into sectors. The fishery management regime assigns one portion of an overall catch quota to a voluntary cooperative, with the...

Persistent link: https://www.econbiz.de/10012462317

Interracial Workplace Cooperation : Evidence from the NBA

Price, Joseph - 2009

Using data from the National Basketball Association (NBA), we examine whether patterns of workplace cooperation occur disproportionately among workers of the same race. We find that, holding constant the composition of teammates on the floor, basketball players are no more likely to complete an...

Persistent link: https://www.econbiz.de/10012463898